SMU Data and Models
June 8, 2014
Survey Results Point to Steel Prices Moving Lower from Here
Written by John Packard
SMU Price Momentum Indicator Adjusted to Lower from Neutral:
Steel Market Update conducted our early June flat rolled steel market analysis this past week. The results of our survey, coupled with information being gathered independently of our survey have prompted SMU to revise our SMU Price Momentum Indicator to Lower from Neutral. We now believe prices will trend lower over the next 30 days.
