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    Analysis

    May 26, 2026

    SMU's Mill Order Index down slightly in April

    Written by David Schollaert

    Editor’s note: Steel Market Update is pleased to share this Premium content with Executive members. For information on how to upgrade to a Premium-level subscription, contact Luis Corona at luis.corona@crugroup.com.

    SMU’s Mill Order Index (MOI) eased marginally in April, losing some momentum after moving higher in March. The result came as higher service center on-order volumes were offset by a decline in new order entries, according to our latest service center inventories data.

    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.

    Read more from David Schollaert

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