SMU Data and Models
October 20, 2016
Steel Mills Still Willing to Negotiate Flat Rolled Steel Prices
Written by John Packard
The domestic steel mills in North America continue to be willing to negotiate spot steel prices on hot rolled, cold rolled, galvanized and Galvalume products according to those responding to this week’s Steel Market Update flat rolled market trends survey.
It has now been a number of months since the mills were last in a strong negotiating position. Hot rolled is no longer the weakest product as all of the flat rolled products have been bitten by the “let’s make a deal” bug.
