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31 Jan
21:49

US sheet prices slip on-week

Prices for hot rolled coil in the US have slid to $1,060-1,080/short ton this week, and cold rolled coil decreased to $1,290-1,320/st, Kallanish hears from market participants. Last week, HRC prices had decreased to $1,080-1,110/st, and CRC maintained its price range of $1,130-1,350/st for a third week. A mill source reports that shipments remain steady, especially to contract buyers. Original equipment manufacturers (OEMs) are busy in a variety of segments. …
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