Steel Mill More Willing to Negotiate Flat Rolled Pricing

Thursday, May 18, 2017 5:45 PM Written by 
Published in SMU Mill Negotiations

Since early Monday morning of this week, Steel Market Update (SMU) has been conducting an inquiry into the flat rolled steel markets. We discovered lead times have shrunk which usually relates to lower steel prices and more willingness by the domestic steel mills to negotiate spot prices being offered into the market. SMU inquired on the subject of mill negotiations during our survey of the flat rolled markets and found the mills as being willing to discuss pricing on hot rolled, cold rolled, galvanized and Galvalume steels.


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John Packard

John Packard is the President and Publisher of Steel Market Update. Since 1977, he has been an active participant in the flat rolled steel business in North America. His background provides the unique flavor and quality of Steel Market Update. John has held positions in the service center, steel mill and trading company segments of the flat rolled steel industry. John founded Steel Market Update, Inc. in August 2008. John can be reached via email at: or by phone: 800-432-3475.

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