Steel Products
March 13, 2013
SMU Price Ranges & Indices: Price Moving Up
Written by John Packard
The domestic mills are trying to collect increases – some are a little more adamant than others – but there does appear to be an effort. Lead times continue to be relatively short for this time of year. Demand levels are inconsistent with a number of service centers reporting slower shipments than anticipated for the month of March.
One service center put it to SMU this way earlier today, “No end user fears prices will be going up, nor do they believe prices will fall much from here either. So, there is no sense of urgency out there.”
