SMU Data and Models
April 6, 2017
Steel Mills Continue to Negotiate Pricing on Most Flat Rolled Products
Written by John Packard
As with steel mill lead times discussed earlier in this newsletter, those responding to our flat rolled market trends questionnaire reported the steel mills as modestly willing to negotiate all but Galvalume flat rolled steel pricing.
Thirty-eight percent of our respondents reported the domestic mills as willing to negotiate hot rolled pricing. This is 9 percent lower than what we saw during our middle of March analysis.
