SMU Steel Demand Index Down Further, Hits Seven-Month Low

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Steel Market Update’s Demand Index reached a seven-month low this past week, according to the latest survey data. Apparent demand for flat-rolled steel in the US has now been in contraction territory since late April and trending down.

David Schollaert

David Schollaert is deputy editor-in-chief 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. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

David Schollaert

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