HARDI: Strong Demand Continues Even As Galv Prices Decline

Distributors who sell galvanized steel products continue to see balanced inventory levels and strong demand. In their monthly conference call earlier today, members of the Heating, Air-Conditioning & Refrigeration Distributors International (HARDI) expressed optimism even as steel prices are on the decline.

Russia’s invasion of Ukraine helped reset the steel market, explained Steel Market Update Senior Analyst David Schollaert on the call. “That dynamic has stabilized itself,” he said, and things are “falling back in line with where the market was at the beginning of the year.”.

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.