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03 Apr
20:46

US sheet prices continue incremental gains

Prices of hot and cold rolled coils continue to build modest momentum. Hot rolled coil prices are up to $800-820/short ton, from $790-820/st last week. Cold rolled coil prices rose to $1,190-1,230/st from $1,180-1,220/st last week, Kallanish reports. A midwestern distributor says demand is allowing the increases to be accepted, although the consumption level is no more notable than usual. “It’s still slow going, but I would say that meeting demand is…
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