21
Feb
20:37
Sheet increase gains token minimill support
Nucor’s $30/short ton sheet increase has gotten some nominal support from other minimill market players, but it remains to be seen whether the increase will be adopted by the industry at large, Kallanish learns from market sources.
NLMK USA has reportedly followed the increase, as has Ohio’s Northstar Bluescope steel minimill.
The scrap-driven increase, however, might only be a means of recouping ground lost by granting temporary deals, suggests a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous