Steel Market Intelligence » steel service center https://www.michelleapplebaum.com/blog Analytical Steel Industry Expertise Wed, 09 Apr 2014 19:25:37 +0000 en-US hourly 1 April Steel Distributor Shipments Show Surprising Pick-up; Inventories Drop on Flat-Rolled Decline https://www.michelleapplebaum.com/blog/?p=4136 https://www.michelleapplebaum.com/blog/?p=4136#comments Wed, 15 May 2013 12:58:33 +0000 http://www.michelleapplebaum.com/blog/?p=4136 New Report Preview:

April MSCI shipments rose 1% sequentially versus the normal seasonal drop of 1.8%, with shipments for all products posting sequential gains. However, we suspect this is due to…

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]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=4136 0 April ISM Steel Survey – Outlook Weakens but Hiring Positive Surprise https://www.michelleapplebaum.com/blog/?p=4109 https://www.michelleapplebaum.com/blog/?p=4109#comments Mon, 06 May 2013 18:55:23 +0000 http://www.michelleapplebaum.com/blog/?p=4109 New Report Preview:

The April Institute for Supply Management (ISM) Steel Buyer Survey showed that buyer optimism seen earlier this year has faded over the past two months…

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]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=4109 0 March ISM Steel Survey – Optimism Losing Momentum https://www.michelleapplebaum.com/blog/?p=3989 https://www.michelleapplebaum.com/blog/?p=3989#comments Fri, 05 Apr 2013 20:05:20 +0000 http://www.michelleapplebaum.com/blog/?p=3989 New Report Preview:

The March survey showed that after a meaningful pick-up in outlook earlier in the year, steel buyers are becoming less optimistic about future business conditions…more

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]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=3989 1 Lead Times for HRC and CRC Climb – Coated Flat https://www.michelleapplebaum.com/blog/?p=2989 https://www.michelleapplebaum.com/blog/?p=2989#comments Thu, 03 Jan 2013 20:46:32 +0000 http://www.michelleapplebaum.com/blog/?p=2989 HRC lead times rose for the week ending December 30 to 3.4 from the 5-week low of 3.1 last week.

CRC lead times also rose – coming in at 6.0 weeks from last week’s 8-week low of 5.7. HDG lead times came in flat at 6.0 weeks.

Sources: The Steel Index, Steel Business Briefing

HRC = Hot Rolled Coil
CRC = Cold Rolled Coil
HDG = Hot Dipped Galvanized
]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=2989 0 Lead Times Drop Across All Categories https://www.michelleapplebaum.com/blog/?p=2907 https://www.michelleapplebaum.com/blog/?p=2907#comments Fri, 14 Dec 2012 16:51:31 +0000 http://www.michelleapplebaum.com/blog/?p=2907 HRC lead times dropped for the week ending December 9 to 3.7 from the three-month high of 3.9 last week.

HDG and CRC lead times also fell – with HDG coming in at a 5-week low of 5.9 weeks from 6.6 in the week prior and CRC falling to a 6-week low of 5.6 from 6.0 in the week prior.

Sources: The Steel Index, Steel Business Briefing

HRC = Hot Rolled Coil
CRC = Cold Rolled Coil
HDG = Hot Dipped Galvanized
]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=2907 0 November Steel Distributor Outlook – Weak Shipments but Declining Inventories https://www.michelleapplebaum.com/blog/?p=2899 https://www.michelleapplebaum.com/blog/?p=2899#comments Thu, 13 Dec 2012 15:51:08 +0000 http://www.michelleapplebaum.com/blog/?p=2899 New Report Preview:

The November MSCI distributor inventory/shipment report will be released in the next few days, and we expect to see shipments drop to the lowest non-December level in …more

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]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=2899 0 HRC Lead Times Move Off 7-week Low https://www.michelleapplebaum.com/blog/?p=2837 https://www.michelleapplebaum.com/blog/?p=2837#comments Thu, 29 Nov 2012 20:13:37 +0000 http://www.michelleapplebaum.com/blog/?p=2837 HRC lead times for the week ending November 25 rose to 3.5 from last week’s 3.0.

CRC lead times also rose – coming in at an 11-week high of 6.4 weeks from 6.1 in the week prior. HDG lead times posted the lone decrease, falling to 6.3 from last week’s 3-month high of 6.5.

Sources: The Steel Index, Steel Business Briefing

HRC = Hot Rolled Coil
CRC = Cold Rolled Coil
HDG = Hot Dipped Galvanized
]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=2837 0 October Distributor Shipments Show Sandy-Impacted Decline; Inventories Continue to Drop https://www.michelleapplebaum.com/blog/?p=2756 https://www.michelleapplebaum.com/blog/?p=2756#comments Thu, 15 Nov 2012 20:28:29 +0000 http://www.michelleapplebaum.com/blog/?p=2756 New Report Preview:

The MSCI October report showing a meaningful decline in average daily shipments of 5.9% sequentially and 5.4% y-o-y most probably overstated the weakness in the month …more

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]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=2756 0 Lead Times Mostly Unchanged https://www.michelleapplebaum.com/blog/?p=2662 https://www.michelleapplebaum.com/blog/?p=2662#comments Fri, 02 Nov 2012 21:22:21 +0000 http://www.michelleapplebaum.com/blog/?p=2662 HRC and HDG lead times for the week ending October 28 remained at last week’s levels of 3.3 and 5.4 weeks respectively

CRC lead times posted the lone increase rising to 4.9 from 4.8 in the week prior.

Sources: The Steel Index, Steel Business Briefing

HRC = Hot Rolled Coil
CRC = Cold Rolled Coil
HDG = Hot Dipped Galvanized
]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=2662 0 Metals USA – Inventories “Butt Naked” and Other “Bons Mots” from MUSA 3Q Conference Call https://www.michelleapplebaum.com/blog/?p=2592 https://www.michelleapplebaum.com/blog/?p=2592#comments Mon, 29 Oct 2012 14:34:49 +0000 http://www.michelleapplebaum.com/blog/?p=2592 New Report Preview

Metals USA reported adjusted 3Q earnings of $0.38/share, in line with the Street’s $0.38/share, but down from 2Q’s $0.51/share as a 12% increase in shipments was offset by… more.

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]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=2592 0