Cold-rolled coil and galvanized steel prices in the United States increased slightly on Thursday November 21, supported by better demand conditions than hot-rolled coil despite a lack of clarity in the market for the remainder of the year, according to sources.
Fastmarkets' weekly price assessments for steel cold-rolled coil, fob mill US and for hot-dipped galvanized (base) steel coil, fob mill US both rose to $36.50 per hundredweight ($730 per short ton) on November 21, up by 1.4% from $36 per cwt on November 14.Cold-rolled coil prices have increased by 7.4% over the past month, up from $34 per cwt in late October, while the galvanized base price has risen by nearly 9% from $33.50 per cwt in the same comparison."I have...