US sheet prices decreased in the spot market this week, as hot rolled coil trickles down to $940-980/short ton from $940-1,000/st and cold roll coil prices drop to $1,250-1,270/st from $1,250-1,300/st, Kallanish learns.
One large service-centre operator explains: “Today folks are buying less as lead times get shorter, they are anticipating seasonally lower shipments (maybe also a turn down in overall consumption too), and they feel prices are at a disadvanta…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.