16
Dec
21:32
Mill increases fail to encourage US service centres
Service centre sources expressed scepticism regarding the latest price adjustments coming from US sheet mills, Kallanish reports.
“The usual practice is a follow-up increase to help make the initial seem more successful. However, doing that after just two weeks is actually a very weak move," says the operator of a large service centre.
Cleveland-Cliffs announced a $50/short ton increase on 28 November and again adjusted prices on hot rol…
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Anonymous
Very good overview of the weekly steel market.
Anonymous