SMU Data and Models
August 6, 2015
Steel Mills Negotiable on Most Flat Rolled Steel Spot Pricing
Written by John Packard
With the exception of Galvalume, all of the other flat rolled steels followed by Steel Market Update saw at least two-thirds of our survey respondents reporting the mills as willing to negotiate spot pricing.
Eighty percent of those responding to our inquiries about hot rolled pricing termed the mills as willing to negotiate. Cold rolled was 68 percent, down from the 77 percent reported in mid-July while galvanized was essentially unchanged at 78 percent.
