23
Aug
20:46
US HRC prices hold, CRC prices drop
US prices for hot rolled coil continue to transact between $790-830/short ton, while cold rolled coil prices have decreased to $1,000-1,040/st from $1,000-1,050/st, Kallanish confirms.
“The biggest issue facing folks right now is the uncertainty surrounding the UAW auto negotiations. It has people speculating on outcomes with no basis to believe in what might happen. It has quite the dampening sentiment effect,” says a mill source.
A service-centre op…
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Anonymous
Very good overview of the weekly steel market.
Anonymous