Nucor and Cleveland-Cliffs each issued increases in hot rolled coil prices in the preceding weeks, but neither policy has significantly impacted the price of sheet, learns Kallanish.
Hot rolled coil is priced at $790-$800/short ton and cold rolled coil at $1,190-1,200/st. In the week through 2 September, Kallanish listed prices at $825-895/st and $1,250-1,350/st, respectively. All prices are ex-works domestic mill.
“It seems the market is exhibiting resis…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.