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    Market Data

    June 22, 2014

    Demand Starting to Retreat?

    Written by John Packard

    Last week Steel Market Update conducted our mid-June flat rolled steel market analysis. We sent invitations to slightly more than 600 companies which are involved in the flat rolled steel industries as buyers, sellers or toll processors of the steel. The participants in last week’s analysis came from the manufacturing industry (45 percent), service center/wholesalers (42 percent), trading company (6 percent), steel mill (4 percent), toll processor (2 percent) and suppliers to the steel industry (1 percent).

    SMU announced the results of our Steel Buyers Sentiment Index on Thursday of last week (+57).

    John Packard

    Read more from John Packard

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