HARDI Wholesalers Believe Price Move Not Done Quite Yet

Once a month, HARDI sponsors a galvanized steel conference call with the wholesalers who sell sheet and coil to the HVAC mechanical contractors. Steel Market Update (SMU) has participated in these informative discussions for a number of years and they are very useful in our understanding of the ebb and flow of both pricing and demand.

In the call conducted earlier this morning, HARDI wholesalers expressed the view that there would be further erosion in galvanized steel prices. This in spite of demand which was represented as being “good” or much improved over February 2014 levels by all of the wholesalers on the U.S. side. The Canadian’s companies on the call reported conditions there as being “not too bad for this time of the year.”

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.