27
Nov
20:15
Holiday lull still grips US sheet market
The US sheet market is still quiet following the start of the holiday slowdown season, Kallanish learns from market sources.
A source at one top-tier mill says hot-rolled quotes are being made around $650/short ton, but activity is still low due to the Thanksgiving holiday on Thursday.
“Lead times look to be extending for hot-rolled coil,” he says. “Look for abnormal prices on cold-rolled and hot-dipped galvanized as some mills still have le…
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Anonymous
Very good overview of the weekly steel market.
Anonymous