Final Thoughts
December 10, 2018
Final Thoughts
Written by John Packard
A couple of comments regarding possible price increase announcements as we go into first-quarter 2019 made today as I canvassed the flat rolled and plate steel markets pricing.
“Mills appear to be much more sanguine on prices than I’ve seen in a while. I’m hearing them say that once all of the mills are done filling December, they believe an increase attempt will be likely, but they’ll likely wait until after the holidays, in the hopes that it will increase the chances for an increase to stick. Most are hoping we see a more or less stable price in Q1, aware that there’s still downside risk.” Service Center
