steel market update survey graphs january 19 2009
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John Packard – Steel Market Update
• 31 years actively selling flat rolled steel
• Newsletter developed for active buyers & sellers of flat rolled steel (we let the financial community tag along).
• Prices – Momentum –Trends – Analysis
• SMU now in 2nd Year
January 19, 2010 Market Survey Graphs
Results of this weeks survey
• Both service centers & manufacturers are building inventory
• Demand is slowly growing or projected to grow
• 31% of companies plan to increase steel purchases
• Only 29.5% of those surveyed view foreign steel as a viable option
Next Survey will be February 1, 2010
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