SMU Data and Models
December 21, 2022
Worthington Building Cash Ahead of Separation
Worthington Industries is building cash to strengthen its balance sheet as it prepares to move its Steel Processing segment into a separate business.
Latest in SMU Data and Models
Steelmaking raw material prices mixed in April
Editor’s note: Steel Market Update is pleased to share this Premium content with Executive members. For information on how to upgrade to a Premium-level subscription, contact Luis Corona at luis.corona@crugroup.com. Prices of steelmaking raw materials have moved in different directions over the last 30 days, according to Steel Market Update’s latest analysis. Through April 18 data, […]
SMU Steel Demand Index Down Marginally, Again
Steel Market Update’s Demand Index remains in contracting territory, where it has been for most of the last four months, according to the latest survey data. While the market did react temporarily in response to mill price hikes in mid-June, apparent demand for flat-rolled steel in the US continues to trend down.
SMU Market Survey Results Now Available
The latest SMU Market Survey results are now available on our website to all Premium members.
Current Sentiment Index Falters as Future Index Soars
SMU's Current Sentiment Index slipped this week, while the Future Steel Buyers Sentiment Index jumped 10 points from the last market check, according to our most recent survey data.
Service Center Shipments and Inventories Report for July
US service center flat-rolled steel inventories spiked in July with a slowdown in shipments. At the end of July, service centers carried 56.1 shipping days of flat roll supply, according to adjusted SMU data.