Steel Products
April 10, 2019
SMU Price Ranges & Indices: Some Weakening Seen
Written by Brett Linton
We saw weakness in a number of the products we index this week. We are not seeing a collapse of the market, and as we discuss in another article in tonight’s issue, there are regional and product differences. The various products are not working in concert right now. We moved our Price Momentum Indicators on hot rolled (lower), cold rolled and coated (neutral) and plate (lower) today.
Here is how we see prices this week:
