Final Thoughts
March 4, 2020
Final Thoughts
Written by John Packard
Over the past two days Tim Triplett and I have been participating in the FMA Annual Meeting in San Antonio, Texas.
The mood of the steel buyers I met with was moderately negative when it came to the ability of the steel mills to collect the price increases announced. One very large service center buyer told me there has been no effort by the domestic mills to raise prices on the flat rolled products spot bought by his company. Other service centers in attendance were also skeptical of the increase.
