Cold-rolled coil and galvanized base prices in the United States have held their ground for the first time following a month of declines.
Fastmarkets' weekly price assessment for steel cold-rolled coil, fob mill US was unchanged at $34 per hundredweight ($680 per ton) on Thursday October 24.The weekly price assessment for hot-dipped galvanized (base) steel coil, fob mill US held flat at $33.50 per cwt ($670 per ton).Lead times at some mills are between five and eight weeks, according to market participants and mill lead time schedules. But some producers have closed their books for 2019.USS-Posco Industries, for example, announced that it had closed November and December and had only January 2020 availability, according to...