Steel Products Prices North America
August 12, 2014
Steel Buyers Beware: Interesting Flat Rolled Steel Spot Market Developing
Written by John Packard
We spent the last two days canvassing as many buyers and mill sellers of steel as we possibly could. Our goal was to gather enough information so we could speak to the development of this market and the direction prices should go from here.
What we found is a market that is perhaps stronger than people thought it would be and there is an ongoing debate as to whether prices will collapse, tread water or move higher from here. There is no consensus as to what is going to happen next.
