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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 – November 26, 2008, issue preview:
Economic doubt reflected in transaction prices
Scotiabank Group economist Patricia Mohr says that as North American industrial activity grinds lower, there will be repressed activity for some months ahead in the assembly of cars and trucks, heavy trucks, truck trailers, major appliances, machinery requiring large amounts of steel and other products fabricated from flat-rolled steel. That’s why Purchasers also suggest that cold-rolled sheet, which cost an average $782 to buy in November, will be as low as $700 at the mill (and $725 in the market) next month--if not lower
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