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30 Nov

US sheet prices stabilise as mills issue adjustments

US hot rolled coil and cold rolled coil prices remained steady this week amidst the mill increases recently issued by Cleveland-Cliffs and US Steel, Kallanish reports. For the second week, prices of HRC remain between $630-645/short ton and CRC remains between $800-880/st. Despite US Steel’s increase of HRC to $680-700/st and CRC to $950/st, buyers confirm prices remain at the same rate as last week. “Is this a sign that we may have botto…
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