09
Aug
20:39
HRC, CRC prices weaken in the US
Prices for domestically produced steel sheet have weakened further this week, Kallanish learns from market participants.
The price of hot rolled coil declined to a range of $800-850/short ton, from $820-850/st on 2 August. Cold rolled coil slid to $1,030-1,100/st from $1,070-1,110/st a week ago.
One coil consumer is aware of HRC bookings at $770/st for tonnage exceeding the Kallanish maximum spec volume of 1,000st. That source says lower-tonnage transactions may…
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Anonymous
Very good overview of the weekly steel market.
Anonymous