SMU Data and Models

Correction/Clarification: SMU Survey Results for Strike or No Strike
Written by John Packard
July 27, 2015
On Sunday we produced an article that was perhaps confusing to some of our readers. The article entitled: “Possible Strike Does Not Worry Buyers & Sellers of Steel” had an error in the graphic produced. Our survey results has 76 percent of those responding saying they are Not concerned about the possibility of a strike or lockout at either US Steel or ArcelorMittal when their contracts expire on September 1st.
The graphic should have looked like this (the colors were reversed in the original article):

John Packard
Read more from John PackardLatest in SMU Data and Models

SMU Survey: Current Buyers’ Sentiment Index jumps, Future Sentiment slips
SMU’s Current Buyers’ Sentiment Index rocketed up this week, while the Future Buyers’ Sentiment Index edged down. The two indices are almost at parity.

SMU Survey: Mill lead times stretch to 10-month highs
Buyers responding to our latest market survey reported that steel mill lead times were stretching out this week for sheet and plate products tracked by SMU. The results weren’t much of a surprise. Production times have begun moving out following a wave of frenzied buying in response to stricter Section 232 announced by the Trump […]

SMU Survey: Mills slam door on buyers looking to talk price
Mills’ flexibility on price for spot orders has taken a nosedive to levels not seen since the end of March 2023.

SMU Survey: Steel Buyers’ Sentiment indicates increased optimism
After reaching multi-month lows in mid-January, SMU’s Steel Buyers’ Sentiment Indices rebounded this week to some of the highest readings recorded in months.

SMU Survey: Mill lead times fluctuate, extensions expected
While we have seen some movements in recent weeks, steel mill production times remain within a few days of the historical lows observed over the last two years, a trend observed since mid-2024.