SMU Market Trends: Mills Lose Pricing Momentum
Domestic steelmakers managed to reverse the year’s long downtrend in steel prices for a few weeks in July and August, but the turnaround was short-lived. As of mid-September, Steel Market Update’s Price Momentum Indicator is pointing firmly lower for hot rolled, cold rolled and coated steel prices, as well as for steel plate, as the […] The post SMU Market Trends: Mills Lose Pricing Momentum appeared first on Steel Market Update.