21
Jul
13:50
US sheet market waits for catalyst
While US sheet momentum appears to have paused around the $1,800/short ton mark, any little tick - one way or the other - in capacity could get the market moving again, Kallanish hears from market sources.
Automotive has been supporting sheet prices since the semiconductor shortage really dug in late last year. That combined with the delayed onset of new capacity in the US remain big question marks for the market, says a Midwest buyer.
“I’…
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Anonymous
Very good overview of the weekly steel market.
Anonymous