08
May
20:36
US sheet prices slide on-week
Pricing for hot and cold rolled coils has decreased this week in the US, and the market expresses a collective sense of discouragement about current conditions.
This week, Kallanish confirms that HRC spot transactions are taking place within the range of $750-825/short ton, down from $800-850/st last week. CRC prices have decreased to a range of $1,130-1,200/st from $1,150-1,225/st.
A mill source confirms that his company lowered its prices to remain competitive.…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous