13
Mar
17:53
US sheet prices slowly creep up
The latest round of US sheet base price hikes have yet to produce many transactions at the upper limits of their new ranges, but buyers are gradually coming around to the new levels, Kallanish hears from market sources.
A source at one top-tier mill says most domestic producers are now quoting $670/short ton for hot-rolled as a result of the $30/st increased spearheaded by Nucor. Cold-rolled is being quoted at $870-880/st, he says.
“I cannot say that we…
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Anonymous
Very good overview of the weekly steel market.
Anonymous