Prices for cold-roll and galvanized steel sheet in the United States climbed for the second straight week after buyers sensed a bottom in pricing and helped the mills fill order books for the remainder of the third quarter.
Fastmarkets' weekly price assessment for steel cold-rolled coil, fob mill US rose to $32.50 per hundredweight ($650 per short ton) on Thursday August 20, up by 1.6% from $32 per cwt on August 13.This marks the first time this year that prices for either of the two items registered consecutive weeks of gains. Both cold-rolled coil and galvanized base prices were at...