SMU Data and Models
February 23, 2020
SMU Adjusts Flat Rolled Price Momentum Indicator to Lower
Written by John Packard
Based on the results from the flat rolled and plate steel market trends analysis Steel Market Update conducted this past week, along with new steel price discussions SMU had with steel buyers late last week, we have decided to move our flat rolled (hot rolled, cold rolled, galvanized and Galvalume) price Momentum Indicators to Lower from Neutral.
Steel Price Direction: Survey Says…
