Final Thoughts
February 5, 2021
Final Thoughts
Written by John Packard
Every other week Steel Market Update conducts a detailed analysis of the flat rolled and plate steel markets. We invite close to 600 individuals associated with manufacturing, distribution, steel mills, trading companies and suppliers to those industries. We intentionally weight the invitations toward end users and steel distribution companies since they are the largest buyers of flat rolled and plate steels. We believe this gives us the best view of the market.
Last week, 43 percent of the respondents were service centers, 37 percent were manufacturing companies, 9 percent were steel mills, and another 9 percent were trading companies; the balance was made up of toll processors/suppliers to the industry.
