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    Distributors/Service Centers

    September 4, 2025

    Steel Summit: Analysts say demand likely to struggle until 2027

    Written by Stephanie Ritenbaugh

    Demand remains lackluster across construction and durable goods, putting downward pressure on the market for the rest of this year and into next.

    But there are some factors at play that could introduce some volatility into the market, Josh Spoores, head of steel Americas analysis for CRU Group, said at SMU’s Steel Summit last week. Spoores said demand is going to struggle to grow in earnest before 2027.

    Stephanie Ritenbaugh

    Stephanie Ritenbaugh is a reporter for Steel Market Update. She is an experienced business journalist, holding a variety of positions for trade publications and newspapers, including covering shale development for Gas Business Briefing/Platts and for the Pittsburgh Post-Gazette. She can be reached at stephanie.ritenbaugh@crugroup.com or +1 724-759-7868

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