Steel Products

Next SMU Community Chat to Feature Analyst from Applied Value
Written by John Packard
June 12, 2020
On Wednesday, June 17, we will host our next SMU Community Chat webinar with our guest speaker Donald Bly, managing director of Applied Value.
As with every SMU Community Chat webinar, this is free to the public. Feel free to invite others from your company as well as your suppliers and customers. Click here to register.
Applied Value works on the buy side of the industry. We anticipate discussing the overall industry perspectives on production, consumption and pricing. We will cover the current negotiation situation with steel mills and service centers with end users. We will also cover what manufacturing companies (OEMs) are doing to cover supply issues and managing any shortages. Applied Value will discuss with SMU how OEMs are revaluing their supply chains and managing risks by reshoring parts back to North America.
Come join us at 11 AM ET (10 CT, 9 MT, 8 PT) this Wednesday. To register please click here or go to: www.SteelMarketUpdate.com/blog/smu-community-chat-webinars

John Packard
Read more from John PackardLatest in Steel Products

CRU tariff webinar replay now available
CRU’s latest webinar replay on how Trump’s tariffs affect the global steel market is now available on our website to all members. After logging in at steelmarketupdate.com, visit the community tab and look under the “previous webinars” section of the dropdown menu. You’ll find not only this special CRU webinar but also all past Community […]

US, offshore CRC prices diverge
US cold-rolled (CR) coil prices declined this week, slipping for the first time since early February. Most offshore markets deviated, moving higher this week.

Construction growth slowed in March on tariff woes: Dodge
The decline comes after reaching a record high in January to kickstart the year.

Return of S232 zapped gap between US and EU HR prices, Asian HR remains cheaper
Domestic hot-rolled (HR) coil prices declined this week for a third straight week. Most offshore markets bucked the trend and gained ground. Uncertainty in the US market around tariffs, especially after “Liberation Day,” caused US prices to slip as buyers moved to the sidelines. It’s unclear to date whether the 90-day pause on the more […]

SMU Steel Demand Index momentum slows further
SMU’s Steel Demand Index growth eased again, according to early April indicators. The slowdown comes after the index reached a four-year high in late February.