25
Oct
18:39
Confusion reigns in US sheet market
The US sheet market continues to be fraught with confusion as historically high prices, strong lead times, low inventories, and attractive import offers reign supreme.
Kallanish is maintaining its hot-rolled coil price at $1,920-1,940/short ton, with cold-rolled likewise steady at $2,150-2,200/st. All prices are ex-works, domestic mill.
“The market cannot be more confusing,” one Midwest buyer says. “From capacity to demand to index pricing, noth…
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Anonymous
Very good overview of the weekly steel market.
Anonymous