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18 Jan
21:19

US HRC prices increase, CRC holds

US hot rolled coil prices increased to $750-775/short ton from $710-720/st last week, while the price for cold rolled coil held between $950-990/st, Kallanish reports. “I do think a global sheet price rise is underway. SSAB just raised USA plate prices today. HRC and plate tend to move in the same direction, although not always. EU producers are getting more optimistic, as the German chancellor yesterday said Germany is not going into recession in …
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