Final Thoughts
November 16, 2021
Final Thoughts
Written by John Packard
Some of our key market indicators are pointing toward higher inventories at service centers and an “expectation” of lower prices out of the domestic steel mills.
There are many questions yet to be answered as to what the “new normal” will look like when it comes to flat rolled steel prices. We have not seen a wholesale collapse in pricing. Especially when it comes to coated products, which seem to be holding their own despite the chip shortage affecting automotive production.
