24
Jan
20:23
HRC prices continue to slide in US
Sentiment in the US sheet market has turned bearish, with falling prices and waning demand being reported by many market participants.
Kallanish’s weekly US hot rolled coil price assessment fell by $90/short ton from last week to $1,350-1,430/st, ex-works domestic mill, on Monday. Lead times have fallen to three to four weeks.
“We continue to see pressure on spot prices falling,” comments one top-tier mill source, who is reporting an “odd&…
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Anonymous
Very good overview of the weekly steel market.
Anonymous