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    Analysis

    January 11, 2026

    Final Thoughts: The 'Donroe Doctrine'

    Written by Ethan Bernard

    The first SMU Survey results of 2026 have arrived. And you thought the time for gifts was over. Well, our survey is year-round, and you never know what kind of precious data it will contain until you click on the file.

    What’s in this week’s results, you ask? Well, the full results are available to all our Premium subscribers. (You can subscribe or upgrade here.) But we’re going to give everyone not only a peek at the data, but also some participant comments. A pretty visual slide, and market comments all along the value chain. Who could ask for more?

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

    Read more from Ethan Bernard

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