SBQ prices hold flat amid uneven demand
Jan 14, 2013 | 02:49 PM
| Corinna Petry
Tags
Special bar quality,
pricing,
demand,
end-use sectors,
hot-rolled,
cold-finished,
lead times,
order books
Grade 1018
CHICAGO — Demand for special bar quality (SBQ) products is lukewarm early in the new year, with pricing flat and unlikely to change through February, according to buyers and resellers.
"We had a horrible November and December, worse than seasonally slow levels," a sales executive for an Ohio Valley distributor said. "Then we saw a huge inflow of demand since the first of the year. We have seen lots of new orders and quoting activity. We are getting large orders on our books for the year and smaller orders for immediate needs. We don’t know if that will be sustained, but there is pent-up demand."....
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