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    Prices

    June 17, 2014

    SMU Price Ranges & Indices: Moving Slightly Lower

    Written by Brett Linton

    Steel Market Update is seeing some slippage in flat rolled steel prices this week when compared to one week ago. Most of the changes came at the lower end of the range and the trend we are seeing is for prices to continue to slowly slip over the next 30 days.

    As we mentioned in other articles in tonight’s newsletter, there have been mixed opinions on exactly how low prices can go from here with most of the financial analysts running from $620 per ton to as high as $650 per ton as the average for 4th Quarter 2014.

    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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