Final Thoughts

September 23, 2020
Final Thoughts
Written by John Packard
There is a lot of catching up that I have had to do over the past few days. In the process I have spoken to steel buyers and sellers, mills, service centers, and traders.
Steel buyers should anticipate another flat rolled price increase between now and early October. Scrap is rumored to be going up again in October and the mills will use the increase (or projected increase) along with the tightening of supply to move prices higher.


