SMU Data and Models
January 19, 2017
Steel Buyers Report Little Movement in Mill Negotiations
Written by John Packard
Flat rolled steel buyers reported the domestic steel mills as not willing to negotiate prices on flat rolled steel products. This is a continuation of the position we reported beginning in November after the initial flat rolled steel price increase announcements being made in late October.
Only 17 percent of the respondents to our flat rolled steel market trends survey reported the mills as willing to negotiate hot rolled pricing.
