Steel Products Prices North America
July 14, 2015
SMU Price Ranges & Indices: Still Nowhere to Go
Written by John Packard
Not too hot (prices aren’t rising at a breakneck pace – or at all for that matter), not too cold (and they aren’t dropping either – at least not yet), just about right (Goldilocks pricing). Of course this perspective will vary depending on your view of the market and your ability to pass through the current price levels to your end customer.
The mills might argue if the spot prices were $100 per ton higher than their current $460-$480 per ton price spread then prices would be “just about right.”
