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.
Copyright © 2013 Ferro-Alloys.Com. All Rights Reserved. Without permission, any unit and individual shall not copy or reprint!
- [Editor:Chen Zhen Seng]
Tell Us What You Think