06
Oct
16:24
US coil market fears dictate prices
As previously reported, the market for US sheet is being called “volatile” by market sources. A mill-side source says cold rolled coil has decreased to $1,140-1,180/short ton from $1,190-1,200/st, Kallanish learns.
“The market seems to be fairly quiet, with all participants looking for a sign, good or bad, which at least helps define what the future might hold. As of now, the market is paralysed with fear from two perspectives. First, f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous