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07 Feb

US sheet prices slide on-week

US hot rolled coil prices are down to $1,040-1,060/short ton from $1,060-1,080/st a week ago, and cold rolled coil prices have dropped to $1,270-1,290/st from $1,290-1,320/st last week, Kallanish reports. Prices continue to decrease as demand remains slower than in a typical first quarter, according to market participants. “Orders are not picking up. Depending on the mill, prices are pretty low,” says an Ohio Valley distributor, adding: “Cold r…
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