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08 Nov
19:44

HRC prices dip below $1,900/st in US

Softening continues in the US sheet market, with hot-rolled coil prices falling below $1,900/short ton for the first time since August. “We continue to see an interesting market in front of us, as while the HRC market seems to be a little bit stuck in neutral right now, downstream products continue to sell well,” a top-tier US mill source tells Kallanish. “It seems as though most HRC buyers are sitting on the sidelines looking for a deal from a s…
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