HARDI Members Report Galvanized Base Prices Up $20 per ton

Once per month, HARDI sponsors a conference call for those HARDI members who are involved with the sale and distribution of galvanized steel to the HVAC and related industries. Steel Market Update participates in these calls along with wholesalers around the United States and Canada.

Since the last HARDI conference call we have seen a major move in the consolidation of the steel industry with Severstal North America selling their Dearborn and Columbus plants to AK Steel and Steel Dynamics. One of the service centers on the conference call said the sale is a “game changer” for the industry with an expectation that the domestic steel mills will be “more disciplined” in their approach to galvanized steel pricing.