19
Oct
20:59
US HRC rises, CRC retreats
This week Kallanish confirms the price of hot rolled coil has increased to $700-760/short ton from last week, when it was priced between $700-710/st. Cold rolled coil has decreased to $1,070-1,150/st from $1,100-1,200/st.
Fears around the implications of the recession, logistics, and potential labour issues are weighing heavy on the minds of those in the market.
“I think the stress of moving product falls across all modes of transportation. Low water…
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Anonymous
Very good overview of the weekly steel market.
Anonymous