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    Prices

    January 14, 2014

    SMU Ranges & Indices: Prices Slip

    Written by Brett Linton

    Flat rolled steel prices began to slip this week as some short term weakness was seen in domestic mill order books and lead times. Benchmark hot rolled is perhaps the weakest product based on our discussions with buyers around the eastern half of the United States and into Canada. The biggest reason behind the slippage was reported to be the shortening of lead times which has led to a number of mills out searching for new orders.

    Here is how we are seeing prices this week:

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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