Service centers: Mill orders retreat in March

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SMU’s Mill Order Index (MOI) declined in March after repeated gains at the start of the year, according to our latest service center inventories data. The slowdown comes after a ramp-up in shipments was met by a slight decline in intake as services centers looked to right-size inventories.

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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