Steel Products
January 21, 2013
SMU Survey – Stable to Slightly Rising Demand – Trend Developing for Lower Pricing
Written by John Packard
On Tuesday, January 15th, Steel Market Update (SMU) began our second steel survey of the New Year. Our surveys are focused on the flat rolled steel market and are conducted by inviting slightly less than 700 companies who are asked to participate by invitation. Of those participating in last week’s survey 48 percent of the respondents were from manufacturing companies, 37 percent from service center/wholesalers, 6 percent from steel mills, 4 percent each from trading companies and toll processors and 1 percent from suppliers to the steel industry (such as paint or chemical companies).
Total Survey Participation – Stable to Slightly Rising Demand – Trend Developing for Belief in Lower Pricing
