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Steel Prices, News, & Analysis - Steel Market Update Wednesday, Feb 05, 2020 12:14 AM Username Password Free Trial Contact Us RSS Home About Us Our Mission Our History Contributing Writers Key Products About CRU 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 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 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 Ferrous Scrap Exports 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 Estimator 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 Price Ranges & Indices: No Traction Steel prices can't seem to gain any traction, as hot rolled, cold rolled and plate saw small declines this past week, while coated steel prices saw.... More »» CRU: Steel Prices in Sharp Decline as China Returns from Holiday By CRU’s China Steel Team, with Senior Analysts Richard Lu and Erik Hedborg. On Monday, Feb. 3, financial ma.... More »» Weekly Steel Production Tops 82 Percent for January With January in the record books, domestic steelmakers have managed to keep their raw steel production at a healthy 82 percent of capacity or bette.... More »» Construction Put in Place Data for December Steel Market Update is pleased to share this Premium content with Executive members. For more information on how to upgrade to a Premium-level subs.... More »» Construction Spending Declines in December Construction spending slowed in December, but contractors remain optimistic about new projects for 2020. .... More »» ISM PMI Shows Gains for Manufacturing in January Manufacturing grew in January along with the overall economy, reported the Institute for Supply Management. ISM's January PMI gained 3.1 points fro.... More »» Global Manufacturing Optimism Expands Global manufacturing performed slightly better in January, according the latest J.P. Morgan Global Manufacturing PMI. The composite PMI rose to a n.... More »» Auto Sales Still Robust in January Automotive sales were up year-over-year for most automakers that reported data for January. Sales last month rose 1.0 percent to a seasonally adjus.... More »» Steel 101: Introduction to Steel Making & Market Fundamentals Workshop If you want to get a better feel for what you can learn and the value of our Steel 101 workshop, listen to what a cou.... More »» Popular Economist to Keynote SMU Steel Summit Conference Editor’s note: The following commentary by economist Alan Beaulieu, president of ITR Economics, is excerpted from a recent blog, More »» Final Thoughts The question I am getting right now is, “Where is price momentum headed?” Good question. The SMU Price Mom.... More »» Global Steel Industry Tackles “Decarb” Challenge As advanced as steelmaking has become, producing steel is still an inherently carbon- and energy-intensive process. Steel mills in the United State.... More »» Events Steel 101 Workshop - March 31-April 1, 2020 - Merrillville, Indiana Steel Summit 2020- August 24-26, 2020 - Atlanta, GA 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 three methods of advertising with Steel Market Update: Newsletter Website Combinatio...