14
Aug
17:06
USS opts out of spot market-based contracts
US Steel has decided to opt out of spot market-based adjustable price contracts for 2020, Kallanish learns from a company memo.
Uncertainty and volatility in the flat-rolled market is complicating both the supply- and demand-sides of steelmaking, and this can largely be traced back to small volumes of spot-market transactions influencing customer contracts, the letter says.
“We have ample price-supply options in which we will be more than happy to engag…
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Anonymous
Very good overview of the weekly steel market.
Anonymous