SBQ demand inches up; pricing plodding along
Feb 15, 2013 | 05:17 PM
| Corinna Petry
Tags
special bar quality,
SBQ,
hot-rolled bar,
cold-finished bar,
pricing,
mill lead times,
demand,
competition
steel
CHICAGO — Special bar quality (SBQ) processors, cold drawers and distributors have seen an uptick in orders and shipments since the fourth quarter, although demand has softened considerably from the first quarter of last year.
"In January, we had more revenue than November and December combined," an Ohio Valley service center executive said.
Published base prices haven’t moved in months, and surcharges were flat as scrap went sideways from January to February. But the surcharge is poised to move lower next month, with one major mini-mill notifying customers of a $13.33 per ton reduction effective March 1 (amm.com,Feb. 15).....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here