25
Jan
21:33
US sheet prices reflect mill variables
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US hot rolled coil prices increased to $760-780/short ton this week, while cold rolled coil prices held at $950-990/st, Kallanish learns.
“There is so much disparity from mill to mill. Price indices are meaningless at this point,” explains a service centre source.
As to why cold rolled coil seems to be holding while hot rolled coil prices increase, the source says: “It is holding stronger despite what I imagined. A lot of CRC tonnage is ult…
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Kristen DiLandro
USA
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Anonymous
Very good overview of the weekly steel market.
Anonymous