Steel Mill Price Negotiations: Hot Rolled Yes, Others Not So Much

The following information was collected from our flat rolled steel market trends survey which we have been conducting since Monday of this week. Much of the collection information is similar to the Lead Times article above as this question is posed to manufacturing companies and distributors.

What we are trying to discover is if there is any change in the trend for the steel mills to either negotiate or not negotiate spot flat rolled prices with their customers at this time. The blue bars represent those who are reporting the mills as not negotiable while the green bars are those reporting the mills as negotiable.