Prices for cold-rolled and galvanized steel sheet in the United States mostly held steady after market participants said 2020-21's unprecedented availability crisis is over and inventories are sufficient enough to cease the panic buying.
"Mills' spot numbers are still stagnant," one southern distributor said. Fastmarkets' weekly assessment for steel cold-rolled coil, fob mill US was unchanged at $110 per hundredweight ($2,200 per short ton) on Thursday October 14, flat for a third consecutive week but up by 178.48% over the past year.Fastmarkets' assessment for steel hot-dipped galvanized coil (cold-rolled base), fob mill US also remained at $110 per cwt on October 14. This price has been unchanged for a...