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    Plate sources anticipate price hikes on spot this fall

    Written by Kristen DiLandro


    Some plate sources expect spot prices to rise due to rumors of mill outages in the fall.

    In recent conversations, some participants predict mill maintenance outages and scheduled updates will crimp an already constricted market.

    Kristen DiLandro

    Read more from Kristen DiLandro

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    Galvanized buyers report severe supply strain

    Service centers and manufacturers on the Sept. 15 HARDI Sheet Metal and Air Handling Council call described a tight, seller-driven market. Lead times are long, deliveries are late, inventories are thin, imports are down, and demand is strong, causing a shortage of galvanized material. SMU regularly joins the council’s meetings to discuss the galvanized sheet market. Participants — members of Heating, Air-Conditioning & Refrigeration Distributors International (HARDI) — are wholesalers, service centers, distributors, and manufacturers who buy or sell galvanized steel.