08
Nov
21:54
US sheet prices resist mill increases, for now
Prices for hot rolled and cold rolled coil in the US are unchanged week-on-week, Kallanish hears from market participants.
HRC is continuing to transact between $850-900/short ton and CRC is transacting between $1,050-1,100/st.
On Wednesday, Nucor issued an adjustment on its hot rolled steel base prices. Unlike Cleveland-Cliffs, which has increased its base to $1,000/st, Nucor boosted its base price to $950/st, effective immediately. A source predicts that …
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Anonymous
Very good overview of the weekly steel market.
Anonymous