02
Jun
16:41
Multiple factors drag down US HRC
The sudden decrease in hot-rolled coil this week is mostly the result of a confluence of market factors and private negotiations, sources tell Kallanish.
“I think many questions need to get asked about the conditions of sale around these price offers, especially when you consider whether the tons being offered are perhaps start-up tons on a new melt/hot strip mill facility, etc," says a source at one top-tier mill. "Prices around the world keep fal…
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Anonymous
Very good overview of the weekly steel market.
Anonymous