Steel Mills
October 20, 2015
HARDI Wholesalers Work Down Inventories in Competitive Resale Market
Written by John Packard
The HARDI wholesalers held their monthly galvanized steel conference call earlier today. During the call the wholesalers provided insights into business conditions affecting the companies and discussed the status of the flat rolled steel markets. HARDI wholesalers supply galvanized sheet and coil steels to the mechanical contractors associated with residential and commercial construction in North America.
A number of the wholesalers reported the steel mills and service centers as being flexible when it comes to pricing new orders. One of the wholesalers located in the Southeast told the group that the steel mills were, “…more willing to negotiate and we are seeing prices that we have not seen since 2008.”
