Prices for cold-rolled and galvanized sheet in the United States have declined, with the Covid-19 pandemic suppressing demand in many end-user sectors and automotive production halted.
Fastmarkets' weekly price assessment for steel cold-rolled coil, fob mill US was at $34 per hundredweight ($680 per short ton) on Thursday April 16, down by 2.9% from $35 per cwt on April 9. Fastmarkets' price assessment for steel hot-dipped galvanized (base) steel coil, fob mill US also fell to $34 per cwt on Thursday from $35 per cwt a week earlier. Both...