08
Oct
17:58
Import offers threaten softening in US sheet prices
Strong demand in the US market continues to support elevated sheet pricing, but lower import offers are enticing buyers and a softening in domestic pricing is anticipated by the market.
Kallanish is keeping its weekly hot-rolled price at $1,940-1,960/short ton and cold-rolled at $2,150-2,200/st, ex-works, domestic mill.
“Import offers tend to be the talk of the town,” says one West Coast buyer. “I have yet to see any domestic offers that are att…
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Anonymous
Very good overview of the weekly steel market.
Anonymous