Final Thoughts
June 12, 2020
Final Thoughts
Written by John Packard
Every other week Steel Market Update conducts an analysis of the flat rolled and plate steel market trends. This is done via a comprehensive questionnaire, invitations for which are sent to more than 600 individuals representing more than 550 companies. We intentionally weight the invitations heavily to individuals from manufacturing and steel service centers. Combined they represented 80 percent of the responses made in last week’s survey (40 percent for each). The balance of the responses came from steel mills (7 percent), trading companies (8 percent), toll processors (4 percent) and other suppliers to the industry (1 percent).
We asked questions on a myriad of topics including current and future sentiment, mill lead times, mill negotiations, steel pricing, demand, service center spot prices, trading company and steel mill related items and much more.
