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    March 31, 2019

    April at a Glance

    Written by Brett Linton

    April saw steel prices lose momentum as hot rolled dipped to an average of $662, cold rolled to $803 and galvanized G90 to less than $900 per ton. Even plate, which has been in tight supply, has now moderated to around $964 per ton from prices near or above $1,000 earlier in the year.

    Steel Market Update has moved its Price Momentum Indicator to Lower, meaning prices are likely to decline over the next 30 days. Steel Buyers Sentiment has waned slightly along with prices in the past few months as uncertainty over tariffs and trade continues to weigh on the market.

    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.

    Read more from Brett Linton

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