SMU Data and Models
April 4, 2019
Steel Mill Negotiations: All Products in Play
Written by Tim Triplett
The majority of respondents to Steel Market Update’s questionnaire this week reported mills willing to talk price in every product category, even plate, which may say something about the current state of steel demand.
About 76 percent of respondents said the mills are open to price negotiations on hot rolled, up 20 points from the 56 percent a month ago. Just 24 percent said the mills are currently holding the line on HR.
