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16 Nov
20:51

US sheet prices continue to slip

Hot rolled coil is now listed in the US between $665-690/short ton and cold rolled coil has slipped to $945-960/st, Kallanish learns. These prices are down from 9 November, when prices were listed between $690-710/st for HRC and $970-1,1010/st for CRC. “They are lower than the mills thought they could be 12 months ago, and I don’t think they are at the bottom. The economy has to stabilize, so the market can get back to business, it will eve…
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