SMU Steel Demand Index: Indecision Is King, For Now

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Apparent demand for flat-rolled steel in the US was sideways in our mid-August reading. The lack of change in the index highlights the current state of flux in hot-rolled coil (HRC) prices and lead times, according to Steel Market Update’s (SMU) latest survey results.

David Schollaert

David Schollaert is a senior analyst for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. Based in CRU’s Pittsburgh office, David can be reached at david@steelmarketupdate.com or 724-720-1008.

David Schollaert

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