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Steel Market Update Survey Graphs January 19 2009
1.
2. 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
4. 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