Written by executive editor Tom Stundza, Purchasing's Steel Flash Report is a concise monthly round-up of news and events that influence spot-market pricing for steel mill products. The report features the steel market's only definitive reporting of what buyers in manufacturing and construction industries are actually paying - and what they can expect to pay in future - for steel mill products

Latest Steel Flash Report – January 30, 2010 issue preview: 


Steel prices show moderate increases but they yo-yo between list and transaction

Wall Street stock analysts have been energized about the steel sector this month, citing the recent series of announced price hikes and mill expectations of tight supply in coming months that could push list prices still higher. But, the mills have short memories since buyers still are smarting from the 2008 spike in steel pricing that many still feel helped trigger the manufacturing recession that isn’t quite over yet. Buyers say that while transaction prices have increased moderately this month, demand remains so soft that prices paid aren’t anywhere near what the producers want—and may never get there.

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