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Brett Linton
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Data Management Analyst, Steel Market Update
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Content
By Brett Linton| Steel Market Update@ Tandem products saw slightly steeper declines: our cold rolled and Galvalume indices both fell $15/st week over week (w/w), while galvanized prices declined $20/st. Compared to one month ago, cold-rolled prices are down just $5/st, while coated products are down as much as $40/st. Plate saw the smallest movement this week, slipping $5/st w/w. This marks the second consecutive weekly decline, following the one-year high seen at the start of April.
By Brett Linton| Steel Market Update@ Heating and cooling equipment shipments increased 2% from January to February, according to the latest data released by the Air Conditioning, Heating, and Refrigeration Institute (AHRI). Water heater and air conditioner/heat pump shipments climbed higher, while warm-air furnace shipments eased month over month (m/m). February shipments increased by 33,000 units m/m to a four-month high of 1.72 million units (Figure 1, left).
By Brett Linton| Steel Market Update@ Tandem products saw slightly steeper declines: our cold rolled and Galvalume indices both fell $15/st week over week (w/w), while galvanized prices declined $20/st. Compared to one month ago, cold-rolled prices are down just $5/st, while coated products are down as much as $40/st. Plate saw the smallest movement this week, slipping $5/st w/w. This marks the second consecutive weekly decline, following the one-year high seen at the start of April.
Company Info
Steel Market Update
Steel Market Update (SMU) is a prominent provider of steel industry intelligence, specializing in pricing, market analysis, and education for the U.S. steel sector. Established in 2004 by John Packard, SMU has evolved from an email update service into a comprehensive resource for flat-rolled steel market participants, delivering real-time data and actionable insights. SMU offers a range of services, including weekly price assessments for various steel types, an interactive pricing tool, and market analysis through newsletters and surveys. They also conduct educational programs, such as Steel 101 workshops, and host annual conferences like the Steel Summit Conference. Acquired by CRU Group, SMU continues to focus on the U.S. market while benefiting from CRU's global expertise. Their clients include steel producers, service centers, and end-users in sectors like construction and automotive.
Pittsburgh, Pennsylvania, United States
+1 800-432-3475
Founded: 2008