SMU Data and Models
September 7, 2018
SMU Market Trends: Demand, Prices, Inventory
Written by Tim Triplett
Steel demand and prices are seeing some softening, but perhaps not enough to trigger a big inventory correction yet, report respondents to Steel Market Update’s flat rolled market trends questionnaire this past week.
About 27 percent of the steel buyers who responded believe demand for their products is declining. However, the majority, 58 percent, report that demand from their customers is unchanged. A few, 15 percent, even see improving demand.
