24
Aug
21:45
US sheet prices increase on-week
US sheet prices appear to be trending up on the back of mill increases, Kallanish reports.
Prices on hot rolled coil range from $850-925/short ton, up from $800-900/st last week. Cold rolled coil prices have likewise increased to $1,250-1,350/st, up from $1,200-1,300/st last week. All prices are ex-works, domestic mill.
Prices have increased as mills have exhibited interventions to prevent further drops. Both Nucor and Cleveland-Cliffs have recently announced p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous