Service Centers
June 24, 2014
Manufacturers & Service Centers Agree
Written by John Packard
Manufacturing companies as well as their service center suppliers, reported spot service centers prices as basically stable with a tilt toward the beginning of a downward price cycle for service center flat rolled steel spot pricing. Again, this is service center spot price offers to their manufacturing customers which is being measured as opposed to steel mill spot flat rolled steel pricing.
A modest group of manufacturing companies (15 percent in last week’s survey) reported service center spot prices as declining, down from 21 percent of respondents a couple of weeks ago.
