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Steel Market Update maintains ongoing conversations at all levels of the steel industry, from the executive suite to the newly hired buyer, salesperson or support staff. Where the steel community comes together Keeping a finger on the pulse of the flat-rolled steel market with the latest steel news, prices, and industr
- 44articles · 30d
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- Aug 14, 2026earliest in window
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News
CRU: HR coil futures trading volume surges on trade talks
2+ day, 9+ hour ago (333+ words) Written by Josh Spoores This item was first published by CRU. To learn about CRU’s global commodities research and analysis services, visit www.crugroup.com. These futures prices are at a substantial premium to not only annual prices over the…...
Oil and gas rig counts stable in US, decline in Canada
1+ week, 1+ day ago (377+ words) Written by Brett Linton Drilling activity held steady in the US but eased in Canada this week, according to recently released Baker Hughes rig count data. US rig counts held at 588 rigs this week, five rigs shy of the 17-month…...
September scrap tags settle mostly sideways
1+ week, 3+ day ago (418+ words) Written by Stephen Miller Ferrous scrap prices have landed largely sideways this month, sources told SMU. The market quickly settled on Wednesday as 90% of the buying concluded, according to sources in several districts. As previously reported in SMU’s Tuesday edition,…...
September scrap prices could land sideways, sources say - Steel Market Update
1+ week, 4+ day ago (538+ words) Written by Stephen Miller Ferrous scrap prices could be poised for a sideways move in September as supply and demand are seemingly in reasonable balance, sources told SMU. Still, flat prices are not guaranteed, as we have seen in prior…...
CRU: Higher freight rates to limit iron ore downside while met. coal will rise on China supply concerns
2+ week, 4+ day ago (326+ words) Written by Lalit Ladkat This item was first published by CRU. To learn about CRU’s global commodities research and analysis services, visit www.crugroup.com. For the next month, CRU forecasts that steelmaking raw materials demand will improve as buyers…...
Canadian steel to support historic shipbuilding contract
2+ week, 4+ day ago (336+ words) Written by Laura Miller Canada’s government on Monday announced the largest shipbuilding contract in Quebec’s history. In partnership with Chantier Davie Canada Inc., the Government of Canada plans to invest over $11 billion to build six new icebreakers for the Canadian…...
AMU: Aluminum’s peace trade, one month later
4+ week, 1+ day ago (1491+ words) Written by Nicholas Bell On July 9, Aluminum Market Update published “Did aluminum markets price in peace too soon?” The article used data and events through July 8 to test whether falling prices and light financial participation had moved ahead of conditions…...
Rig counts push higher in US and Canada
4+ week, 1+ day ago (375+ words) Written by Laura Miller The latest Baker Hughes data shows drilling activity picked up in the US last week while edging higher in Canada as well. The US rig count rose by five to 593 in the week ending Aug. 14, with…...