SMU Data and Models
August 20, 2015
SMU Survey: Trade Suits Will Push Steel Prices, Question is When?
Written by John Packard
Steel Market Update (SMU) conducted our mid-August flat rolled steel market review this week. We received our final responses this afternoon and we are ready to report on a number of the subjects covered this week.
Buyers and sellers of steel are of the opinion that the trade suits on hot rolled, cold rolled and coated products will impact steel pricing. When asked their opinions on whether the trade suits on flat rolled will push prices higher 77 percent responded “yes” while the balance of 23 percent responded “no.”
