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26 Apr
21:37

Sheet prices remain stable in US

Prices of hot rolled and cold rolled coils remained stable this week, ranging from $1,175-1,200/st and $1,300-1,350/st, respectively, Kallanish confirms. Quarterly earnings and forecasts have been the focus of several mills. “Will Nucor, Cleveland-Cliffs, and Steel Dynamics Inc scale back output? Parsing the earnings calls, plenty of additional output is available, and so far, production is still rising," says a buy-side source.  HRC ranged from…
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