Steel Products
March 18, 2013
Secondary Dealers Tell SMU, “It Just Plain Old Doesn’t Feet Good”
Written by John Packard
Steel Market Update (SMU) has been speaking to a number of service centers regarding their spot sales and especially those sales which are made between service centers or brokers. A number of service centers have been commenting about their spot warehouse business being off over the past three months.
Lisa Goldenberg of Delaware Steel told Steel Market Update that even though demand is “OK” things should feel better and it is difficult to put your finger on exactly what is happening. “Why aren’t we feeling it?” she asked. “If manufacturing numbers are OK why aren’t we feeling the benefit?”
