A Word from Our Publisher

Last week Steel Market Update invited just under 600 steel executives to participate in our flat rolled market trends survey. As is normal with SMU surveys, we intentionally invite manufacturing companies and service centers to lead the way. Last week 45 percent of the respondents came from manufacturing and 44 percent from the steel distributors. The remainder was made up of trading companies (5 percent), steel mills and toll processors (3 percent each). This is close to the normal make-up of the respondents to any individual survey with the key suppliers of data being manufacturing companies and distributors.

Earlier today I was asked by one of our Premium level subscribers if there was anything unusual in this past week’s survey results.