Steel Products Prices North America
July 17, 2018
Are Steel Prices Sustainable? Buyers Eye Price Risks, Wildcards
Written by John Packard
How sustainable are the high steel prices in the United States? Steel Market Update sources point to a number of risk factors that buyers should consider.
One service center general manager told us flat rolled and plate prices could only be threatened by an increase in imports. “Sharp price declines are caused by sharp increases in supply, where supply exceeds demand by a healthy margin. A sharp increase in supply in the U.S. could only be caused by a significant surge in imports, given that we are a net-short country in the steel trade.”
