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April 9, 2025
Written by David Schollaert
SMU’s Steel Demand Index growth eased again, according to early April indicators. The slowdown comes after the index reached a four-year high in late February.
Despite moderate declines over the past month, the index remains in expansion territory.
The results of the latest SMU flat-rolled market survey are now available on our website to all premium members.
The results of the latest SMU flat-rolled market survey are now available on our website to all premium members.
SMU’s Steel Demand Index ticked back up from late May, remaining in elevated territory, according to mid-June indicators.
SMU’s Mill Order Index recovered in May, reclaiming some momentum lost the month prior.
US service centers’ flat-rolled steel supply declined for a fourth straight month in May, with shipping days of supply slipping to 44.7 on an adjusted basis, according to SMU data.