Economy
March 31, 2015
March at a Glance
Written by John Packard
In the table below, Steel Market Update provides a snapshot look at various flat rolled steel pricing, commodities which impact steel prices and economic data of importance to the flat rolled steel industry.
One of the first items you will notice on the end of month table provided is we moved our Price Momentum indicator from Lower to Neutral during the third week of the month. As we explained at the time of our adjustment SMU does not think the slide has stopped only that conditions suggest that over the next 30 days we should begin to see prices change and perhaps move sideways instead of falling.
