08
Jun
20:45
US HRC prices remain erratic
Last week, US HRC prices lowered day-by-day, while this week a mill-side source says that sheet prices are contingent on how much customers are willing to pay, Kallanish reports.
Kallanish lists ex-works domestic mill hot-rolled coil at $1,200-$1,300/short ton.
“I would agree with your $1,200/st assessment, although it feels like prices are all over the map on HRC. Still selling higher than that in many cases, and having asks from buyers below that as well…
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Anonymous
Very good overview of the weekly steel market.
Anonymous