SMU Data and Models
November 7, 2013
SMU Survey: Buyers Believe Increase is Coming – Warn of Foreign Option
Written by John Packard
Steel Market Update (SMU) concluded our early November research on the flat rolled steel market earlier today. One of the areas we queried was if those responding to our questionnaire believe that the domestic mills will raise flat rolled steel prices within the first two weeks of November.
With 72 percent of the respondents responding affirmatively, the opinions of those taking our survey leaned toward the belief that a new round of price increases could be coming soon.
