US's hot rolled coil market demand remains weak

  • Tuesday, February 2, 2016
  • Source:ferro-alloys.com

  • Keywords:steel
[Fellow]United States domestic hot-rolled coil spot prices remained unchanged in last week, at about US$430-452/ton or US$390-410/short ton, ex-factory price in the Midwest. But some market participants doubt that the current market prices could rise beyond the curren...

United States domestic hot-rolled coil spot prices remained unchanged in last week, at about US$430-452/ton or US$390-410/short ton, ex-factory price in the Midwest. But some market participants doubt that the current market prices could rise beyond the current range.

Market participants said that hot-rolled sheet market is the weakest so far, as many pipe factories to hold the purchasing activities. Even though the price rises, the sheet metal factories will also face a difficult time at this moment.

  • [Editor:Chen Zhen Seng]

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