03
Nov
20:16
US flat prices have yet to hit bottom
US plate prices currently range from $1,600-1,630/short ton, hot rolled coil is $690-720/st, and cold rolled coil is down to $970-1,010/st. No product has yet hit bottom, Kallanish learns from multiple market sources this week.
A mill side source explains: “Weird market. I hear reports of ridiculous prices out there, but at the same time cannot confirm if those are deals that have been done, or are customer expectations, or what? I …
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Anonymous
Very good overview of the weekly steel market.
Anonymous