15
Mar
18:46
US HRC prices increase, sources say buyers skeptical
Hot rolled coil prices made a modest increase to $990-1,150/short ton from last week when the prices listed between $980-1,100/st, Kallanish confirms. Cold rolled coil prices have stayed flat on-week at $1,160-1,180/st.
“Transactions have been $1,150/st, see people hesitant to place $1,200/st just yet, but I believe they will get there in 1-2 weeks for new orders. Demand has been really good. Look at the auto stats, the MSCI [Metals Service Center Insti…
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Anonymous
Very good overview of the weekly steel market.
Anonymous