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17 Apr

HRC prices increase in US, CRC flat on-week

The US price of hot-rolled coil has increased to $830-840/short ton from $820-830/st last week. Cold-rolled coil spot prices are unchanged this week at $1,200-1,220/st, Kallanish reports. A midwestern service centre operator reports no obvious demand catalyst for HRC prices increasing. It may be simply that earlier mill hikes are gradually rippling through the buyer-acceptance process. . "The market is confused, and there’s very little competitive for…
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