SMU CEO on Steel Demand, Steel Price Peak & More

Last week, we conducted one of our flat rolled and plate steel market trends analyses. Or, to put it another way (that the search engines don’t like), we conducted one of our surveys that we do ever other week. We invited over 500+ market participants, most of whom are steel buyers in the manufacturing and service center segments of the industry. The exact statistics from last week show that 44 percent of the respondents were service centers, 36 percent were manufacturing companies, 10 percent were steel mills, 8 percent were trading companies and the remaining 2 percent were toll processors. I think this gives us a good solid overview of the market.

By the way, the results of each survey are available to Premium level subscribers. At the end of the week when we are doing the survey, we put a 50+-page PowerPoint presentation on our website, which can be accessed by our Premium level members, who can find the latest survey results under the Analysis tab on our website (must be logged in). If you would like information on how to become a Premium member, please send an inquiry to: Info@SteelMarketUpdate.com.