SMU Data and Models
February 23, 2014
SMU Survey Results: Demand, Inventory Levels, Spot Price Support, Foreign Steel
Written by John Packard
Steel Market Update (SMU) conducted our mid-February flat rolled steel market survey this past week. Our surveys are by invitation only and our current invitee list consist of 586 companies. The vast majority of the individuals or companies associated with our survey have been vetted by SMU management to insure that we are working from a pool of reliable and informed participants.
In our most recent survey, which concluded on Thursday afternoon, February 20th, 49 percent of the respondents were from manufacturing companies, 37 percent were service centers/wholesalers, 6 percent trading companies, 4 percent steel mills, 3 percent toll processors and 1 percent suppliers to the industry (such as paint or chemical companies).
