04
Oct
21:21
US sheet prices hit by market volatility
Amidst a week of strikes, lay-offs and US political uncertainties, prices for domestically produced hot rolled coil remain in a range of $680-700/short ton. Cold rolled coil has decreased to $910-940/st, from $940-980/st a week ago, Kallanish understands.
“Demand is softening, purchasing is softening, and prices are bumping along the bottom based off the costs of production. With prices like this, some buyers are looking to add inventory,” says the op…
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Anonymous
Very good overview of the weekly steel market.
Anonymous