SMU Data and Models
May 22, 2016
SMU Survey: More Flat Rolled Price Pressure to Come
Written by John Packard
Twice per month Steel Market Update (SMU) conducts our flat rolled steel market trends analysis. During the process we find out how buyers and sellers are feeling about their company’s ability to be successful in the current steel environment (SMU Steel Buyers Sentiment Index) and we probe many other areas of interest to those manufacturing, distributing or servicing the industry.
During last week’s analysis we asked our respondents as to what price level did they think benchmark hot rolled coil would reach on new orders placed for future delivery on September 1, 2016?
