22
Nov
20:25
US HRC price continues its descent
Sheet pricing continues to slide in the US market, with hot rolled coil prices falling by another $15/short ton last week.
Despite overall steady demand, the market is prepared for a quiet week ahead of Thursday’s Thanksgiving holiday, with several sources telling Kallanish that they don’t expect much activity in the market this week.
Kallanish’s weekly HRC price assessment was lowered to $1,785-1,835/st on Monday. The price has now fallen almos…
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Anonymous
Very good overview of the weekly steel market.
Anonymous