Raw Material Prices
Steel Market Update provides a monthly analysis of the prices of steelmaking raw materials, including iron ore, coking coal, pig iron, scrap, zinc and aluminum.
Steel Market Update provides a monthly analysis of the prices of steelmaking raw materials, including iron ore, coking coal, pig iron, scrap, zinc and aluminum.
Key Market Indicators is designed to give a quarterly overview of indicators affecting the steel market including General Economy, SMU Indices, Long Product Steel, Flat Rolled Steel, Construction, and Manufacturing.
The Empire State Manufacturing Index is based on a monthly survey of manufacturers in New York State, conducted by the Federal Reserve Bank of New York.
The index serves as a full-year leading indicator of future construction spending and demand for construction products and services.
The Chicago Business Barometer provides a monthly snapshot of U.S. economic activity as seen by a survey panel of local purchasing and supply management professionals.
Steel Market Update (SMU) provides quarterly housing data in regard to new home starts, building permits, new home sales, and existing home sales.
Steel Market Update follows both new orders and shipments of manufactured durable goods. Figures are converted into a 3-month-moving-average to level out peaks and troughs for erratic months.
The Architecture Billings Index (ABI), produced by the AIA Economics & Market Research Group, is a leading economic indicator that provides an approximately years’ prognosis into the future of non-residential construction spending activity.
The following charts displays shipment data on A/C units, warm air furnaces, and water heaters.
The chart below displays the Baker Hughes Rig Count. The active rig count acts as a leading indicator of demand for products used in drilling, completing, producing and processing hydrocarbons.
At the end of each month, SMU reviews the data compiled. While our Key Market Indicators report is an analysis of the current situation of each indicator, the Monthly Review shows the progression over the month.
The following charts show monthly U.S. raw steel production data released by the American Iron & Steel Institute (AISI).
SMU gathers the latest information on steel sheet and plate inventories, available here to Premium members. Our Data providers receive an enhanced version of the Service Center Inventories Report with exclusive data.
Businesses engaged in the buying and selling of steel must understand steel gauges and tolerance ranges. These tolerances are based on a combination of standards: SMACNA, ASTM, and mill specifications.
Antidumping and Countervailing Duty Laws Under the Tariff Act of 1930, U.S. industries may petition the government for relief from imports that are sold in the United States at less than fair value, or which benefit from subsidies provided through foreign government programs.
SMU compiles current mill pricing on Galvalume coating extras. We have Galvalume mill extras available for Cleveland-Cliffs, Steel Dynamics, US Steel, and Wheeling Nippon.
Last updated December 12, 2022 Effective date of coating extras by mill: ArcelorMittal Calvert January 1, 2023 US Steel September 4, 2022 Nucor September 3, 2022 NLMK August 2022 Steel Dynamics Inc August 1, 2022 USS-UPI July 25, 2022 Wheeling Nippon July 12, 2022 Big River Steel June 4, 2022 California Steel Industries April 1, […]
Toggle through the tabs below to view recent galvanized coating extras from Big River Steel.
SMU compiles current mill pricing on galvanized coating extras. We have galvanized comparisons for mill extras available from the largest US and international mills.
North American steel mills have recently completed capacity additions totalling nearly 25 million tons per year of flat-rolled steel products. If you know of any new steel capacity coming online, please contact us.