The pace of growth in the price of hot rolled coil in the US market slowed during the last week of March.
After falling to a recent low of $1,000-1,080/short ton, ex-works mill, during the first week of March, HRC prices have risen notably each week since then. Prices this week are up $50/st from last week to sit at $1,400-1,450/st. Base pricing for CRC and galvanized sheet products are reported at $1,750-1,850/st.
Buyers are preparing for the second quarter, wit…
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