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    SMU Data and Models

    Steel Prices at a Peak or Do We Have More Room to Run?

    Written by John Packard


    Buyers and sellers of flat rolled steel having been bouncing like the proverbial rubber ball over the past six weeks as they try to make sense of where steel prices are heading over the near term. Steel Market Update (SMU) asked those responding to our flat rolled steel market trends survey last week where they felt prices were headed over the next few weeks. As you can see by the graphic below their opinions have been anything but consistent.

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