SMU Data and Models
April 25, 2017
Service Center Spot Prices in Transition
Written by John Packard
Both manufacturing companies and service centers are reporting distributor spot prices as being in a state of transition. The percentage of manufacturing companies reporting service centers as raising spot flat rolled steel prices has dropped from 50 percent at the beginning of April to 19 percent. At the same time 19 percent of the manufacturing respondents are now reporting distributors as offer spot prices lower than one month ago when no one (0%) reported spot prices as dropping.
