SMU Data and Models
December 20, 2015
SMU Survey: Now is a Good Time to Buy...
Written by John Packard
On Friday, SMU was speaking with the CEO of a Midwest-based service center who was advising us that, in his opinion, based on the conversations he was having with his mill suppliers, we should expect more flat rolled steel price increases to come. The mills were already asking his company for more and the mills’ order books were beginning to fill.
Our flat rolled steel market analysis conducted this past week picked up on the opinion of steel buyers and sellers that the price increases were being collected (at least a portion, immediately).
