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US’s Steel Sheet Market Demand Continues to Rise

  • Friday, April 22, 2016
  • Source:ferro-alloys.com

  • Keywords:steel
[Fellow][www.ferro-alloys.com] In recent weeks, many United States steel mills have increased their steel sheet market prices, makes United States sheet market overall prices increase further. Those for hot rolled coil prices up to US$500/short ton, is expected to con...

[www.ferro-alloys.com] In recent weeks, many United States steel mills have increased their steel sheet market prices, makes United States sheet market overall prices increase further. Those for hot rolled coil prices up to US$500/short ton, is expected to continue upward; cold rolled coil market prices are approaching US$700/short ton.
According to the United States service center the latest data published by March this year, United States carbon steel plate inventories was 4.99 million tons, down by 15% year on year, fell for 6 straight months.
Currently, the United States hot rolled coil prices are at US$505-520 USD/short ton, based in the Midwest, an increase of US$ 5-10/short ton month on month; cold rolled coil prices are at US$680-700/short ton, ex- factory prices, in the Midwest, an increase of US$ 40/short ton.

(article from Internet for reference only)

  • [Editor:Chen Zhen Seng]

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