US cold-rolled, coated steel prices steady; 'no rush' for buyers, source says

April 06, 2019 / www.metalbulletin.com / Article Link

Prices of steel sheet products in the United States held steady over the past week, with buyers showing no urgency to place orders.

Fastmarkets AMM's weekly assessment for domestic cold-rolled coil was flat at $42 per hundredweight ($840 per short ton) on Thursday April 4.The domestic hot-dipped galvanized steel base price also was unchanged week on week at $42 cwt, while the all-in price for galvanized coil with a G90 coating was steady at $46.75 per cwt ($935 per short ton) in the same comparison.Mill lead times for domestic CRC averaged between six and 10 weeks, market participants said.The sheet...

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