SMU Data and Models
May 10, 2015
Buyers Split on Success of Domestic Mill Price Increases
Written by John Packard
Buyers and sellers of flat rolled steel are split over whether or not the price increase announcements of two weeks ago will actually be collected. This past week we invited approximately 600 companies to participate in our flat rolled steel market survey. Of the more than 100 companies who responded fifty-three percent told SMU that the steel price increases would indeed stick. The balance (47 percent) where more skeptical and do not believe the price increases will remain in the days and weeks ahead.
