SMU survey: Sheet buyers find mills more willing to negotiate spot prices

Sheet steel buyers said mills are more willing to talk price on spot orders, according to our most recent survey data.

However, plate buyers found mills less willing to negotiate this week, with 71% of respondents saying mills were flexible on price vs. 79% two weeks earlier.

Cold Rolled
demand
Galvalume
Hot Rolled
Mill Spot Price Negotiations
Plate
Prices
Sheet
steel mill

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.