| This report does not require registration to purchase. Tom Stundza’s
Cold-Rolled Sheet Report & Forecast, a companion essay to the Steel Flash Report, contains the steel marketplace’s only definitive reporting of what buyers in manufacturing and construction actually are paying for flat-rolled steel—and what they expect to pay in the future for sheet and other steel mill products.
Latest Cold-Rolled Sheet Report & Forecast – September 30, 2008, issue preview:
Buyers see credit mess weakening demand, prices
Higher domestic spot prices for cold-rolled sheet and downstream galvanized and other coated products just aren’t going to happen anytime soon--even if the steelmakers reduce production and accelerate maintenance downtime. Cold-rolled sheet prices averaged $1,064 in September, a decrease of 7.5% from the August price of $1,150. (The peak had come in July at $1,153.) What’s happening: There’s a buyers’ boycott of flat-rolled steel mill products as original equipment manufacturing firms close out September awestruck by the inability of the government to resolve the credit crunch and financial crisis.
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