13
Mar
18:40
US sheet buyers resist mill hikes, HRC unchanged
US hot rolled coil spot prices continue to transact within the range of $750-800/short ton this week, and cold rolled coil prices are holding steady at $1,120-1,150/st, reports Kallanish.
The assessment demonstrates, at least thus far, that mill price increases announced last week have not been accepted by buyers, according to market particpants.
On 7 March, Cleveland-Cliffs and Nucor Sheet Mill Group informed customers of new, higher base prices for hot ro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous