SMU Data and Models
June 18, 2015
Mill Price Negotiations: Less Flexible Than Beginning of the Month
Written by John Packard
As with lead times, our survey respondents are reporting steel mills as slowly regressing and moving away from negotiating flat rolled steel prices. Although we are seeing movement, the percentage of respondents reporting the mills as still willing to negotiate hot rolled, cold rolled, galvanized and Galvalume continues to be more than 50 percent.
Hot rolled remained essentially unchanged with 63 percent of the respondents reporting the domestic mills as willing to negotiate HRC pricing.
