Archives: Data Tools

Steel Market Update monitors the status of North American steel mills and the operation of their Blast Furnaces, Electric Arc Furnaces (EAF), and Basic Oxygen Furnaces (BOF).

SMU tracks North American steel mill price increase announcements on flat rolled and plate steel products.

SMU compare and balance the survey responses given both by steel manufacturer and service centers to determine if the information we are receiving about the market is accurate.

We survey service centers how their customers are releasing they inventories held on the distributor's floor. The report provides a snapshot of current and historical look at inventory trends.

We survey a combination of manufacturers, service centers, trading companies, steel mills, and toll processors as to how they are seeing current demand for their products.

We are measuring whether manufacturing companies and service centers are building, reducing or maintaining inventories. Changes can mean increased or decreased buying habits which can affect mill lead times and spot prices.

Steel Market Update surveys active steel buyers regarding whether the domestic steel mills are negotiating pricing.

We are measuring responses from buyers and sellers of flat-rolled steel in North America regarding their attitudes about their company’s ability to be successful in the current business conditions.

Twice per month, Steel Market Update surveys active steel buyers regarding the lead times they are experiencing by product: hot-rolled, cold-rolled, hot-dipped galvanized, Galvalume, and plate steels. The results provide an interesting look at changing spot pricing trends. We provide our members with several ways to interact with current and historical data using the chart and table features below.

Steel Market Update conducts out flat rolled market survey twice per month and publishes our results to our Premium members.

The Price Momentum Index is a trailing indicator and shows the relationship between the current U.S. hot rolled coil price movements against the previous 12-week average price.

Thanks for your interest in learning more about SMU’s prices. Please read our comprehensive information on all aspects of pricing.

The CME Group Ferrous Metals products enable commercial producers and users of these metals to lock in margins and manage price risk. This product suite consists of outrights and options.

We consult with our steel buying sources across the country and use SMU’s proprietary steel market survey about the pricing momentum on the market.

Each week we consult with our steel buying sources across the country and use SMU’s proprietary steel market survey to provide our members with the range of prices available for that week.

Hot Rolled Coil (HRC) Steel Futures are used as a hedging tool for producers and users of steel, and provide an index-based price discovery mechanism.

The SMU Price Estimator uses prime price indexes plus domestic mill extras to calculate the "average" prime price for any specific coating for hot rolled, cold rolled, galvanized and Galvalume and plate steels.

Our proprietary Interactive Pricing Tool provides our premium members with current real-time market pricing for flat rolled steel and scrap products. The customizable graph enables you to compare multiple products and compare pricing to proprietary SMU data.