Steel Products
January 10, 2019
A Discussion of Galvanized Base Price Availability
Written by John Packard
Steel Market Update faces unique challenges as we strive to “fairly” report market intelligence to the broader steel community. We understand that the consumers of our information are buyers, sellers and producers of steel and steel products. Of concern to our readers is the need to better understand flat rolled and plate steel prices and price momentum. SMU understands how important it is to the steel community to have a fair assessment of pricing, and to report what we discover to the steel community in a careful manner so as to not confuse or get ahead of where prices are actually moving.
This means SMU is actively conversing with buyers and sellers of steel on a continuous basis. We are probing into transactions completed, offers being made into the market and if new offers are moving in a direction different than what was seen a month, week or day earlier. We review foreign steel imports and their impact on the market both in terms of supply and price. We also probe to see if there are any special “foreign fighter” prices being made available by the domestic steel mills.
