SMU Price Ranges & Indices: Direction is Higher

Steel buyers reported the domestic steel mills as being somewhat more receptive to moving prices early this week compared to where they were at the end of this past week. The result being we did see prices rising on all sheet products.

One mill told us earlier today about their coated products order book, “Hanging around $40, still very stable… Pretty much the same price for 45 days. People keep sending orders – particularly end consumers.”