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Steel Prices, News, & Analysis - Steel Market Update Friday, Apr 03, 2020 11:54 PM Username Password Free Trial Contact Us RSS HomeOur Mission Our History Contributing Writers Key Products About CRU SMU Community Blog News Pricing Interactive Steel Pricing Tool Hot Rolled Prices Cold Rolled Prices Galvanized Prices Galvalume Prices SMU Price MoMo Index Heavy Melt Scrap Prices Shredded Scrap Prices Busheling Scrap Prices Price Estimator Hot Rolled Futures Busheling Scrap Futures Price Methodology Resources Thickness Tolerances Hot Rolled Sheet Cold Rolled Sheet Galvanized Sheet Steel Mills New Steel Mill Capacity Furnace Status Blast Furnace Electric Arc Furnace Basic Oxygen Furnace Galvanized Extras Coating Extras Comparison AK Steel ArcelorMittal Dofasco ArcelorMittal USA Big River Steel California Steel NLMK PA Nucor Steel Dynamics US Steel USS Posco Wheeling Nisshin Galvalume Extras ArcelorMittal Steel Dynamics US Steel Wheeling Nisshin Steel Buyers Basics The Truth About Selling Steel Ethics and Your Business Working from Home Trade Cases Hot Rolled Cold Rolled Corrosion Resistant Plate Proprietary Products Learning Center Calculations Billing Conversion GI Coil & Sheet Terminology Incoterms Steel Thickness Scrap Definitions Manufacturers Gauge History Glossary of Terms Analysis Economic Data AHRI Shipment Data AIA Billings Index Chinese Trade Data Chicago Business Barometer Dodge Momentum Index Durable Goods Empire State Mfg Index Housing Data ISM Index Monthly Review Rig Count US Steel Production World Steel Production Service Center Inventories (P) Import/Export Data Imports History Exports History Apparent Steel Supply Imports by Port/Country (P) Survey Results Steel Buyers Sentiment Lead Times Mill Spot Price Negotiations Overall Demand (P) Inventory Buying Patterns (P) Inventory Release Trend (P) Manufacturer Purchases (P) Full Survey Results Sample Indicators (Premium) Indicators Overview Chicago Fed Index China Economic Statistics Consumer Confidence Currency Update Employment Net Job Creation Global Scrap Trade Industrial Production PPI Competing Materials US GDP Newsletters Premium Details Executive Details Corporate Details Advertising Events Steel Summit Steel 101 Steel 201 Managing Price Risk Managing Price Risk II Sales Training Custom Training Subscribe Subscription Levels Free Trial Executive Premium Premium Upgrade Information Benefits Our Guarantee Become a SMU Member Home Latest Newsletter SMU Steel Buyers Sentiment Index: Confidence Dips into Pessimistic Territory Steel Buyers Sentiment—how steel executives view their prospects for success—has continued to deteriorate as the market struggles with the coro.... More »» Introducing SMU Community Chat Webinars Beginning next week, SMU will launch a new online webinar. We are calling it the SMU Community Chat.” Our idea is to have a live discussion wi.... More »» Thoughts on Working from Home (Part 4) – Isolation & Anxiety By John Packard, President & CEO, Steel Market Update Even though I have worked from my home office for mo.... More »» Foreign vs. Domestic Hot Rolled Steel Price Comparison The latest SMU comparison of foreign and domestic hot rolled prices shows that U.S prices continue to remain advantageous over foreign imports, acc.... More »» SMU’s March At-a-Glance The month of March saw government actions to stop the spread of the coronavirus begin to take a toll on steel demand and prices. In reaction, Steel.... More »» CRU: Steel Prices Down as China Tries to Rebalance By CRU Prices Analyst George Pearson, from the CRU Steel Monitor As expected, sheet prices in the U.S. Midwest.... More »» AK Steel to Idle Mansfield Operations for Two Weeks Cleveland-Cliffs said it will idle all of AK Steel Mansfield operations for the next two weeks to better align production with current weakness in .... More »» ATI Will Close Midland Due to Costly Tariffs Allegheny Technologies will idle its operations at Midland, Pa., by the end of June 2020 due to the Section 232 tariffs. A&T Stainless imports .... More »» Pandemic Expands Global Downturn for Manufacturing Global manufacturing continued its downturn in March exacerbated by the COVID-19 pandemic. The J.P. Morgan Manufacturing PMI rose to 47.6 from 47.1.... More »» ISM Index Highlights the Negative Impact of the Coronavirus A sharp decline in new orders and production drove the Institute for Supply Management Manufacturing PMI into contraction in March, falling to 49.1.... More »» March Auto Sales Plummet Due to Pandemic Auto sales plummeted in March as stay-at-home orders kept consumers from dealer showrooms. .... More »» Infrastructure Bill May Be Included in Coronavirus Relief Infrastructure is finally getting some attention again, despite and because of the cornavirus. Congress and the White House are calling for an infr.... More »» Events Steel Summit 2020- August 24-26, 2020 - Atlanta, GA Steel 101 Workshop - 2020 - To Be Determined Steel Pricing Momentum Steel buyer’s Sentiment Meter Flat Rolled Steel Prices SMU Steel Survey Results SMU Key Market Indicators Products & Services Conferences Steel Pricing Newsletter Advertising Price Estimator Workshops Save the Date! Steel Summit: A steel conference for manufacturing companies, fabricators, service centers, wholesalers, trading companies, steel mills, toll processors and companies who provide products and services to the steel industry. August 24-26, 2020 - Atlanta, Georgia, USA - Georgia International Convention Center Additional details can be found on in our Events section here . To your left is a demonstration of the Steel Market Update Interactive Graphing Tool which can be found in the Pricing section of our website. Using the Interactive Graphing Tool, Members are able to view current and historical market pricing for hot rolled, cold rolled, galvanized, Galvalume, #1 heavy metal scrap, shredded scrap, and #1 busheling scrap. Not only will your Membership allow you to view current real time prices, but as a member you can also view weekly, monthly, and yearly averages. Our Interactive Graphing Tool will even enable you to compare value averages and products side by side. Scroll over the graph to see individual data points. You can control what products are shown by clicking on the colored dots next to the product names. At the top of the graph you can drag the bars in order to view the data for a specific time period. Our members (including free trial members) will be able to access the data in both table and graph format. (Note: the public graph is intended to give users an understanding of the capabilities of our Interactive Graphing Tool. It does not show current pricing) Free Trial Subscribe Now Steel Market Update is North America’s leading source for flat rolled steel market news and price information. The SMU newsletter is our flagship product and service. Steel Market Update subscribers benefit from weekly insights into key market indicators and real time pricing. Hot rolled, cold rolled, galvanized, galvalume, and scrap are continuously tracked and analyzed by our experienced industry experts. Free Trial Subscribe Now Two Unique Newsletters Executive Level Membership Premium Level Membership Produced three times per week with current pricing, important market trends, news and analysis. This is our traditional SMU Newsletter experience with new value added features and access to expanded data within our website Building off our Executive Newsletter, Premium subscribers receive additional access to the new SMU website and proprietary survey, economic and industry related data and analysis. Let Steel Market Update help you achieve your marketing goals, and increase traffic to your business website. Steel Market Update is read by thousands of flat rolled steel professionals each week, and our website generates over 20,000 unique visits per month. Advertise with SMU and gain effective exposure to your target market! There are...