SMU Data and Models
June 25, 2017
SMU Respondents Sound Off on Price Increase
Written by John Packard
Last week, Steel Market Update (SMU) conducted one of our flat rolled steel market trends analyses as we surveyed manufacturing companies, service centers, steel mills, trading companies and toll processors. During the process, we inquired as to whether our respondents felt the newest round (and any more to come) of steel price increases were “justified.” The response was overwhelmingly against the steel mills as 63 percent of those responding said “no.”
