SMU Data and Models
June 3, 2019
SMU Analysis: Key Market Indicators Weaken in May
Written by Peter Wright
Key Market Indicator trends deteriorated in May and were the worst since October 2016, according to Steel Market Update’s analysis.
This report is designed to be a big picture summary of data we have reported in detail during the month. In it we summarize 36 data streams that critically describe the state of the steel market and provide forward guidance for steel buyers and sellers. See the end of this piece for an explanation of the Key Indicators concept. This will explain the difference between our view of the present situation, which is subjective, and our analysis of trends, which is based on the latest facts available.
