24
Jul
18:02
US sheet prices rise despite 232 silence
In spite of the 232 ruling delay, US sheet prices are on the rise, Kallanish hears from market sources.
In the wake of a $25/short ton increase spearheaded by Nucor and subsequently followed by the bulk of the market, US sheet prices are now $620-640/st. Cold-rolled is likewise up to $820-840/st. All prices are ex-works, domestic mill.
“I’m not sure the 232 delay is having any part of it,” says one source at a top-tier mill. “Order boo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous