SMU Notes from Our HARDI Presentation

The other day Steel Market Update wrote an article about steel buyers anticipating a flat rolled steel price increase announcement out of the domestic mills prior to the end of the year. Not everyone is a believer that will occur and we got several emails and phone calls pointing out short lead times at a few mills and, in one case, a service center advised that one of their mills had just lowered their hot rolled coil price from $680 to $670 per ton.

Steel Market Update publisher John Packard was invited to present our analysis of the current steel markets with special emphasis on galvanized steel which is the major product purchased and distributed by the HARDI HVAC wholesalers. It is also a core ingredient in many of the supporting companies who manufacturer such products as furnace pipe and fittings, furnaces and air-conditioning units, vents and registers and a wide array of products for home, multi-housing and commercial construction.