29
May
21:16
US sheet prices continue gradual slide
US pricing for steel coil is weakening again this week, with market participants mentioning that domestic mills are becoming more flexible in dealmaking
Prices have decreased to $760-790/short ton from $760-805/st last week, whilst cold rolled coil dropped to $1,120-1,140/st from $1,130-1,150/st, Kallanish reports.
One flat-steel market participant says the new regularly published HRC base prices by Nucor and Cleveland-Cliffs are normalising price rang…
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Anonymous
Very good overview of the weekly steel market.
Anonymous