Steel Products Prices North America
July 28, 2015
SMU Price Ranges & Indices: CR Suit Having No Impact...Yet
Written by John Packard
“My offers haven’t changed much in the past 60-90 days,” is what one Texas based distributor told SMU when asked about spot pricing this week. “Still lackluster demand, no change in mill lead times and oil is still below 50. Not much reason for a change unless core demand improves….”
At the opposite spectrum we heard from a service center located in the Upper Midwest, “Lead times have not changed,” is what we were told. They told us that their company was trying to run a lean inventory and, “not out guess the market.”
