Steel Mills
February 23, 2016
HARDI Wholesalers See Galvanized Prices as "Range Bound"
Written by John Packard
Once a month HARDI wholesalers conduct a conference call for those member companies who are involved in the sale of galvanized sheet and coils to the mechanical contractors involved in residential and commercial construction. Steel Market Update publisher, John Packard, has been involved with the HARDI organization for many years going back to his steel sales days at Winner Steel (now NLMK Sharon).
SMU pointed out at the beginning of the call that there have not been any new price increase announcements over the past 30 days. Flat rolled base prices are up with most mills that supply the wholesalers collecting base price numbers in the $28.00/cwt-$29.00/cwt range. Some of the mills who do not supply HVAC products are reported to be offering to sell galvanized at base prices over $30.00/cwt.
