SMU Data and Models
April 24, 2016
Steel Mill Price Negotiations Almost Disappear as Market Strengthens
Written by John Packard
The graphic used in this article visually tells the story. Flat rolled steel prices have become much less negotiable according to those taking our flat rolled steel market trends survey this past week.
Lead times are extended and steel mills are using the words “allocation” and “controlled order entry” to their advantage. The net result is a limited price negotiating environment.
