SMU Data and Models
August 30, 2015
August at a Glance
Written by John Packard
Our Steel Buyers Sentiment Index dropped for the second month in a row, however, our 3-month-moving-average rose slightly. Our Sentiment Index has been trailing what we reported during 2014 as business growth has been tempered this year versus last.
Flat rolled steel prices dropped slightly from the end of last month through the end of August. Benchmark hot rolled was down $10 per ton, cold rolled $8 per ton, galvanized $11 per ton and Galvalume $7 per ton.
