02
Nov
20:42
US sheet prices plunge on-year, on-week
US prices of hot and cold rolled coil decreased to $690-720/short ton and $970-1,010/st respectively this week, Kallanish learns. Last week, prices for HRC ranged between $700-760/st and CRC ranged from $1,000-1,100/t.
“Customers don’t want to order too far out because prices will keep dropping. We have one customer, who is already going to be late, sitting on a 300-tonne order deciding how late they are willing to be,” a service centre source ex…
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Anonymous
Very good overview of the weekly steel market.
Anonymous