20
Jul
21:28
US sheet prices continue drop, slow sales
This week, Kallanish dropped its hot rolled coil price from $960-1,000/short ton to $800-860/st. Cold rolled coil likewise moved to $1,050-1,200/st, down from $1,500-1,600/st last week. All prices are ex-works, domestic mill.
“If anyone calls you up with any information, just say ‘thank you’ and don’t believe a word of it. No one knows what is going on,” a buy-side source says, adding that transactions are "painfully slow.&q…
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Anonymous
Very good overview of the weekly steel market.
Anonymous