Sheet Products' Negotiations Rate Falls, But Plate Surges

The mill negotiation rate for sheet products slipped this week, though plate jumped, rising by 25 percentage points, according to SMU’s most recent survey data.

The percentage of respondents saying steel mills were willing to talk price on plate stood at 82% this week, up from 57% two weeks earlier, while all the sheet products SMU surveys notched declines.

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.