SMU Community Chat
February 10, 2022
Majestic’s Leebow Sees Fundamental Changes in Steel
Written by Tim Triplett
Steel prices may be nearing the end of the current correction, predicted Majestic Steel USA President and CEO Todd Leebow during Wednesday’s Steel Market Update Community Chat.
In the great debate over where declining hot rolled prices will finally settle – back to historical averages in the $400-600 per ton range or closer to $1,000 per ton – Leebow predicts the “new normal” will be higher than in the past.
