Steel Products Prices North America
October 9, 2014
2015 Contract Negotiations in the Early Stages
Written by John Packard
2015 annual contract negotiations have begun, according to both manufacturers and service center steel buyers. The next month or two should be quite interesting as the process continues.
Early reports are suggesting that the domestic steel mills may be more “flexible” in their flat rolled steel price negotiations than they were at this point in time last year. Flexibility may be interpreted to mean more flexible when it comes to the use of various steel indices and it can also refer to a willingness to discuss firm fixed steel pricing not tied to a specific steel or scrap index.
