The flat-rolled steel import market was mixed on Wednesday January 8, with some products rising sharply due to gains in the domestic market while others were quiet following no immediate improvement in steel demand after the December holiday lull, market participants said.
Entering the first full work week following the Christmas and New year holiday break, a number of domestic steelmakers announced a fresh round of price increases.While sources indicated that rising scrap prices lend support to the latest round of sheet price increases, most agreed that this is being counterbalanced by still-weak demand....