Prices
April 7, 2020
SMU Price Ranges & Indices: Downturn Continues
Written by Brett Linton
Buyers are not purchasing much steel these days as they work to keep inventories in line with declining demand due to the coronavirus, making it more challenging than usual for Steel Market Update to track steel prices. By SMU estimates, flat rolled and plate prices declined a further $15-45 per ton this week. Not surprisingly, Steel Price Momentum remains Lower.
Here is how we are seeing prices this week:

