03
Sep
15:39
Fall US sheet market to remain hot
US sheet prices are unlikely to cool off this fall, Kallanish hears from market sources.
Kallanish maintained its hot-rolled coil price following the Labor Day holiday weekend at $1,950-1,970/short ton, with cold-rolled likewise steady at $2,150-2,200/st. All prices are ex-works, domestic mill.
Though US coil prices long ago surpassed all-time highs and entered historic territory, the bull market is not yet over, says a source at one top-tier mill.
“As pes…
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Anonymous
Very good overview of the weekly steel market.
Anonymous