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    Steel Buyers: Looking for a Top, Looking for Steel...

    Written by John Packard


    Looking for a Top… Looking for Steel….

    As we conduct our analysis of the flat rolled and plate steel prices this week, we cannot help but notice the pace of increases has slowed…or is the slowing due to many mill order books being closed and having nothing new to offer. The availability of spot tonnage continues to be limited as steel mills concentrate on their core contract customers or are dealing with trying to catch up on late orders. There does not seem to be a change in any of the dynamics that are driving flat rolled and plate steel prices.

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