Steel Products Prices North America
April 9, 2019
SMU Market Trends: Majority Unconcerned About Short-Term Prices
Written by Tim Triplett
A surprising two out of three respondents to Steel Market Update’s market trends questionnaire last week said they are not concerned about the direction of steel prices, at least in the short term, though some question the staying-power of current demand.
Steel Market Update asked: “Foreign steel imports are dropping and the domestic mills are running close to or at capacity on flat rolled and plate. Are you concerned about where steel prices may go over the next few months?” In the final tally, just 33 percent indicated they are anxious about steel prices.
