Steel Products

SMU Market Intelligence for All
Written by John Packard
June 22, 2020
Why leave your employees in the dark?
Last week we had one of our member companies upgrade to an Enterprise membership, and they added 429 of their employees to their account. Today, we had a steel mill ask to add another 100 people onto their existing account. From our inception, the goal of Steel Market Update was to offer an option to companies so that all their employees could be informed as to what was happening in the steel and related markets without breaking their bank account.
SMU has “Enterprise” memberships, which means you are allowed an unlimited number of your employees to receive our newsletters and access to our website.
We have Enterprise memberships available for either Executive or Premium level access. We also have them broken out by unlimited number of users within North America (USA, Canada, Mexico) or globally.
Executive Enterprise includes our Executive Newsletter, which is published three times per week (Sunday, Tuesday and Thursday evenings), our pricing indices for hot rolled, cold rolled, galvanized, and discrete plate steels; sentiment index, price momentum indicator, price estimator, access to much of the information contained in our website and much more.
Premium Enterprise includes everything in the Executive level noted above plus the premium newsletter produced approximately once per week, access to our every other week survey results, our SMU Service Center Inventories/Shipments indices on flat rolled and plate steels, Key Market Indicators, Currencies for Steel Trading Nations, and many other SMU proprietary products. We are also receiving new content from CRU analysts on a variety of topics from around the world that are being included in our Premium newsletters.
You can learn more about your company becoming an Enterprise member by contacting Paige Mayhair at 724-720-1012 or by email: Paige@SteelMarketUpdate.com. You are also welcome to reach out to me personally at John@SteelMarketUpdate.com
Steel Market Update is a market intelligence and news organization specializing in the flat rolled and plate steel markets in North America. We are owned by the CRU Group which is an international consulting, data and events organization specializing in various commodities including metals, raw materials used in steel making (as well as other businesses including fertilizers). For more information on Steel Market Update go to www.SteelMarketUpdate.com
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John Packard
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Nucor keeps HRC price unchanged
Nucor paused its weekly hot-rolled (HR) coil price this week, keeping it flat for the first time since Jan. 21. This comes after a nine-week rally that saw the company increase prices by double-digits for eight of those weeks.

Nucor increases plate prices by $40/ton
Nucor aims to increase prices for steel plate by $40 per short ton (st) with the opening of its May order book. The Charlotte, N.C.-based steelmaker said the increase was effective with new orders received on Friday, March 28, in a letter to customers dated the same day. The company said the price hike applied […]

US CRC price gains ground over imports
US cold-rolled (CR) coil prices increased again this week, while offshore prices declined.

SMU Steel Demand Index momentum slows
Steel Market Update is pleased to share this Premium content with Executive members. Contact info@steelmarketupdate.com for information on how to upgrade to a Premium-level subscription. Growth in SMU’s Steel Demand Index eased in March after reaching a four-year high in late February. Despite a moderate gain, the index remains in expansion territory. The Steel Demand […]

Leibowitz: Impact of tariffs on US manufacturers
On February 10, President Trump announced a massive restructuring of tariffs on steel and aluminum. Those changes took effect on March 12, and they will impact US manufacturing. What will the impact be? Bye-bye exclusions Perhaps the most important change, which hits imports from all countries, is the loss of a product exclusion process to […]