04
Jan
21:19
US sheet prices appear stable
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US hot rolled and cold rolled sheet prices held at $690-710/short ton and $870-950/st for this first week of 2023, Kallanish reports.
“Feels like a lack of larger - and the [small] number of - transactions is leading indices to suggest a market strength that may not be there. Demand is a struggle, and a rise in scrap is likely to come out of mill margins. I think a similar story is happening for tandem mill products too. Maybe $100…
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Kristen DiLandro
USA
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Anonymous
Very good overview of the weekly steel market.
Anonymous