US cold-rolled, coated steel prices log third weekly fall

June 01, 2019 / www.metalbulletin.com / Article Link

Cold-rolled coil and coated sheet prices in the United States fell for a third week in a row, with soft demand and bearish sentiment remaining pervasive across the flat-rolled steel markets.

Fastmarkets AMM's weekly assessment for US domestic cold-rolled coil dropped to $37 per hundredweight ($740 per short ton) on May 30 from $38 per cwt one week earlier. Fastmarkets AMM also assessed the US domestic hot-dipped galvanized steel base price at $37 per cwt, with the all-in price for galvanized coil with a G90 coating...

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