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07 Jun

US sheet prices trickle down on-week

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…
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