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05 Jun
22:06

US sheet prices decrease on-week

US pricing for hot and cold rolled steel coils has taken another tumble this week as the market continues to soften, Kallanish hears from market participants. HRC prices are now down to $740-750/short ton from the prior week when spot transactions were in a range of $760-790/st. CRC prices have slid to $1,090-1,120/st from $1,120-1,140/st. A mill source says orders are steady and books are filled through June and July but concedes that prices have decreased week-…
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