SMU Data and Models
July 10, 2016
SMU Survey Results: Flat Rolled Steel Price Direction
Written by John Packard
Buyers and sellers of flat rolled steel are not believers that the next move will be for higher flat rolled steel prices over the next couple of months. At least that is what the respondents to our most recent flat rolled steel questionnaire believe.
Based on the analysis of last week’s survey, 60 percent of those responding believe prices would go sideways from here. Another 35 percent thought prices would move lower while 5 percent were of the opinion that prices would go higher.
