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01 Mar
21:19

US sheet prices continue rising

The low end of US spot sheet prices inched up to $970-1,000/short ton for hot rolled coil from last week, when it ranged from $960-1,000/st, and cold rolled coil increased to $1,150-1,175/st, Kallanish learns. “Confirmed orders are agreed to, and they are protected until the order has shipped complete. When we announce an increase, the increase is always effective immediately on new orders we transact,” a mill source says. “We’ve sold HRC …
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