01
Nov
20:48
US sheet prices jump, with steeper increases anticipated
US hot rolled coil prices have risen to $850-900/short ton from $750-830/st a week ago, and cold rolled coil prices bumped up to $1,050-1,100/st from $950-1,050/st, Kallanish understands.
“We are not seeing larger increases like those issued by mills this week," says one service centre operator. "It’s up, but the bigger ones are coming. Maybe next week. I am sure buyers will play a waiting game to see how long they can wait without …
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Anonymous
Very good overview of the weekly steel market.
Anonymous