Steel Products Prices North America
September 24, 2013
2014 Contract Negotiations – Game Changer for the Industry?
Written by John Packard
One of our service center contacts told Steel Market Update recently, “The ending of indexed pricing for many is just around the corner which is a major positive but hearing little of this from SMU. [The] mills still trying to make something – they cannot continue to withstand the losses they have incurred. In fact, many people believe the recent management shuffling at some mills is meant to demonstrate a new resolve.”
Last week we had another service center point to the changes occurring at U.S. Steel with their new CEO and the other management changes and we were told that this too was a game changer.
