Steel Products Prices North America
November 24, 2013
Service Centers Continue to Push Flat Rolled Spot Prices Higher
Written by John Packard
Manufacturing companies are reporting the prices being offered by service centers are essentially only moving in one direction – higher. End users, responding to the most recent flat rolled steel market analysis conducted by Steel Market Update this past week, reported prices as rising as compared to remaining the same by a 73 percent to 27 percent margin. This is an increase from the 60 percent reported at the beginning of the month. The trend to higher spot prices out of the distributors has become well established after a weak start at the beginning of October.
