SMU Data and Models
February 19, 2017
Steel Mill Price Negotiations on Flat Rolled Increasing
Written by John Packard
The respondents to our latest SMU Flat Rolled Steel Market Trends Analysis are reporting steel mills as actively negotiating prices on all flat rolled with the possible exception of Galvalume.
Seventy-nine percent of the respondents reported steel mills as willing to negotiate hot rolled spot pricing. We need to go back to our mid-October 2016 analysis in order to find a percentage exceeding 50 percent.
