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    SMU Data and Models

    SMU Market Trends: Another Price Hike by Thanksgiving?

    Written by Tim Triplett


    Is another mill price hike likely? Nearly 60 percent of respondents to Steel Market Update’s market trends questionnaire earlier this week said they do expect the steel mills to make another price announcement this month before the Thanksgiving holiday on Nov. 23. The other 40 percent are doubtful. Following are some of their comments:

    · “Yes, I’m 99 percent certain.” Service Center/Wholesaler

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