Will Section 232 Delay Impact Flat Roll Prices?

The following article is from responses left to a question we had in our early August flat rolled steel market trends questionnaire. We inquired about how buyers and sellers of steel felt regarding steel prices with Section 232 somewhat sidelined for awhile. Results were mixed.

Nearly half of the respondents to Steel Market Update’s latest flat roll market questionnaire feel flat rolled steel prices are likely to move lower now that the Section 232 decision has been postponed by the Trump administration. About 20 percent still expect prices to move higher, while 30 percent admit they have no clue what will happen to steel prices.