Steel Products Prices North America
April 7, 2016
Steel Buyers Coming into the Spot Market Should Expect Sticker Shock
Written by John Packard
We have received a number of calls from sellers of steel asking for our help in trying to explain, from an independent source, why flat rolled steel prices are moving higher and why we expect this trend to continue. When looking at the history of Steel Market Update, our steel market intelligence publication was actually begun as a forum for our founder, John Packard, to communicate with his steel buyers in an effort to explain why markets were changing back in 2004.
Volatility is always difficult to explain to companies that do not stay connected to the markets on a daily basis through publications like Steel Market Update (a reason to suggest to your customers that it might be a good idea to read SMU regularly).
