Steel Market Update
steel market

John Packard
A steel veteran of over 30 years, John Packard founded Steel Market Update in 2008 to give others in the North American steel industry real-time pricing, trends, and valuable market information that would help them as they go about making business decisions. SMU has since expanded their services by including other steel-experienced writers, more industry coverage such as our proprietary SMU Steel Buyers Sentiment Index, along with workshops and conferences such as our Hedging Price Risk workshop that we do in conjunction with the CME Group to help others gain knowledge about the steel market. As an independent company, we offer unbiased and objective information to our many readers.

To learn more about Steel Market Update go to www.SteelMarketUpdate.com.


 
Related Market Commentary

SMU Comparison Price indices (CPI) - 21 May 2012 08:14:07 CDT
- The various indices we follow on a weekly basis – CRU, Platts, Steel Orbis and SteelBenchmarker all dropped thei......

Steel Reality Fair Value Index has HRC Below Fair Value for 3rd Week - 21 May 2012 08:11:15 CDT
- The SMU/Steel Reality Fair Value Index HRC model showed spot HRC pricing below fair value for the third week in a row.......

Steel Reality Momentum (MoMo) Reports 13th Week of Negative Readings - 18 May 2012 07:38:46 CDT
- Utilizing a trailing average Hot Rolled Coil (HRC) price, the SMU/Steel Reality price momentum meter for flat rolled s......

Hot Rolled Steel Futures Plunge as European Crisis Deepens - 18 May 2012 07:36:06 CDT
- There is no sign of a bottoming in Hot Rolled Coil (HRC) futures prices, in fact the price decline accelerated today......

Steel Market Update: HRC, Price Ranges & Indices Move Lower - 16 May 2012 08:16:58 CDT
- Prices continued to slide this week on virtually all of the flat rolled steel products SMU indexes on a regular basis.......

Steel Reality Fair Value Indicates HRC Below Fair Value for 2nd Week - 14 May 2012 07:58:17 CDT
- The SMU/Steel Reality Fair Value Hot Rolled Coil (HRC) model showed spot HRC pricing below Fair Value for the second w......

Steel Reality Momentum Dropped 1.43% Compared to Last Week - 11 May 2012 10:08:50 CDT
- Utilizing a trailing average Hot Rolled Coil (HRC) price, the SMU/Steel Reality price momentum meter for flat rolled ste......

Hot Rolled Futures Continue the Slide - 11 May 2012 08:04:01 CDT
- Hot Rolled NYMEX: Written by: Andre Marshall, CEO Crunch Risk, LLC It was a quiet week with almost nothing ......

Steel Reality Fair Value Model Has Hot Rolled Prices Below Fair Value - 07 May 2012 08:25:18 CDT
- The SMU/Steel Reality Fair Value HRC model showed spot HRC pricing breaking below fair value for the first time in 6 w......

Steel Reality Momentum Meter Continues Flat to Slightly Negative Trend - 04 May 2012 07:41:30 CDT
- Utilizing a trailing average Hot Rolled Coil (HRC) price, the SMU/Steel Reality price momentum meter (MoMo) for flat r......

 
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