10
May
20:30
Sheet prices hold in the US
US domestic prices of hot rolled and cold rolled coil remained stable this week, ranging from $1,175-1,200/short ton and $1,300-1,350/st, respectively, Kallanish confirms.
Profits decreased for many mills, according to recent earning calls, due to lower prices on HRC and CRC, but demand remained high.
HRC ranged from $1,450-1,500/st and CRC ranged from $1,840-1,850/st in the equivalent week in 2022. All prices are ex-works domestic mill.
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Anonymous
Very good overview of the weekly steel market.
Anonymous