SMU Data and Models
January 21, 2016
SMU Survey: How Much of 2nd Price Increase Will Stick?
Written by John Packard
The vast majority of the respondents to our latest flat rolled steel market analysis believe that the domestic steel mills will be able to collect “some” of the latest round of price increases which range from $20 to $30 per ton.
In our latest assessment of the flat rolled market, we asked whether the domestic mills will be able to collect all, some or none of the January price increase. Seventy-six percent of respondents said that the mills would be able to collect some of the increase, 11 percent thought all of the increase would be collected, and 13 percent thought none of it would be collected.
