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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
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- Aug 18, 2026earliest in window
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- Economy, Business & Finance 42
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- News 5
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News
SMU Scrap Survey: Current, Future Sentiment Indices decline
3+ day, 19+ hour ago (445+ words) Written by Ethan Bernard & Stephen Miller SMU’s Current and Future Scrap Sentiment Indices fell in September, according to the latest data from our ferrous scrap survey. SMU’s Current Scrap Sentiment Index declined five points to +88 this month from August. Though…...
CRU: HR coil futures trading volume surges on trade talks
3+ day, 18+ 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…...
US plate spot tons scarce, mills flex contract leverage
3+ day, 18+ hour ago (800+ words) Written by David Schollaert The US plate market is increasingly challenging. Spot tons remain constrained as demand gains momentum and lead times continue to stretch out—double what they were a year ago. The same story is playing out again…...
SMU scrap tags for shredded, HMS flat while busheling ticks up
5+ day, 18+ hour ago (583+ words) Written by Ethan Bernard SMU’s September scrap prices for shredded and HMS came in sideways, with busheling tags increasing slightly. “The September ferrous market pretty much wrapped up a reasonably unexciting trade on Friday with nearly all grades in all…...
September scrap tags settle mostly sideways
1+ week, 4+ 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,…...
Steel Summit: Cox sees US auto demand ‘steady as she goes’
1+ week, 5+ day ago (525+ words) Written by Laura Miller Vehicle affordability pressures are limiting growth in vehicle volumes, according to Mark Strand, deputy chief economist at Cox Automotive. SUVs, fleet activity, and aftermarket work could support steel demand, he told the audience last week at…...
September scrap prices could land sideways, sources say - Steel Market Update
1+ week, 5+ 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…...
JSW Steel USA moves 45-day outage to Sept amid value-add push
1+ week, 6+ day ago (798+ words) Written by Michael Cowden JSW Steel USA has pushed back the planned outage at its plate mill in Baytown, Texas, the company’s top executive said. The 45-day outage will now take place in September instead of August, as initially planned,…...
Steel market chatter this week
2+ week, 3+ day ago (891+ words) Written by Brett Linton On Monday and Tuesday this week, SMU polled steel buyers on an array of topics, ranging from market prices, demand, and inventories to tariffs, imports, and evolving market events. We are sharing a selection of the…...
Steel Summit: Zekelman says S232 certainty is key to new US steel investment
2+ week, 3+ day ago (569+ words) Written by Laura Miller At the SMU Steel Summit in Atlanta on Tuesday, the CEO and executive chairman of Zekelman Industries disputed the view that tariffs broadly damage manufacturers or consumers. He pointed instead to continued profitability among steel-consuming businesses…...