SMU Data and Models
May 5, 2016
Steel Mill Negotiations: The Graphic Says it All...
Written by John Packard
Steel Market Update asks our flat rolled steel market trends analysis participants to comment on the status of negotiations between their company and their steel mill suppliers. We want to know how stringent are the mills being when it comes to collecting the announced or original quoted steel price and are they able to collect pricing without negotiation?
The dark blue bars on these four items covered (hot rolled, cold rolled, galvanized and Galvalume price negotiations) during our flat rolled steel survey process tell the story:
