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01 Feb

US sheet prices rise on week

US sheet prices made modest rebounds this week, sources tell Kallanish. Hot rolled coil increased to $775-800/short ton from $760-780/st and cold rolled coil increased to $960-1,000/st, up from $950-990/st. “We saw good demand from the auto industry in January, and we are seeing pretty broad-based improvements across almost every industry we sell into. Most customers tell us that their Q1 is 'in the bag' and they see market strength thro…
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