Final Thoughts

May 3, 2022
Final Thoughts
Written by Michael Cowden
Sheet and plate prices were flat or down modestly again this week. And it has become clearer and clearer that the market has gotten over the initial shock of the war in Ukraine.
Mill after mill lined up during earnings calls last month to say that they were no longer sourcing pig iron from Russia or Ukraine – and yet all were still producing. What seemed in March like an insurmountable obstacle was surmounted just weeks later.


