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14 Jul
20:39

US sheet prices face uncertain market conditions

Market sources tell Kallanish that few available transaction figures in the market are clouding the prevailing price. This week Kallanish listed the price of US, ex-works, domestic mill HRC at $960-$1,000/short ton and CRC at $1,500-$1,600/st. “The index business is difficult when there is a scant number of transactions. We have a seasonal slowing of demand in process, but it is combined with worry that demand could be falling further and longer than norma…
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