28
Sep
19:13
US players praise Cleveland buy, predict sheet strength
US hot-rolled pricing continues to solidify on the back of the most recent price increases, Kallanish reports.
That trend is likely to continue given the on-going - and dramatic - consolidation within the market, sources say.
Kallanish currently puts hot-rolled at $580-620/short ton with cold-rolled and galvanized substrate hovering around $770-800/st. All prices are ex-works, domestic mill.
On Monday, Cleveland-Cliffs announced that it plans t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous