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26 Oct
21:38

US HRC holds, CRC prices become unstable

US hot rolled coil is holding at $700-760/short ton while cold rolled coil softens. CRC has moved to $1,000-1,100/st from last week’s range of $1,070-1,150/st, Kallanish learns. A mill source says, “CRC is all over the map this week.” Logistics continue to worry the market. "Low water makes barges much more expensive (since you cannot load as much weight on a barge due to low water levels), or in some cases, barges are not being…
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