US CRC, galv prices flat; buyers await drop

October 30, 2021 / www.metalbulletin.com / Article Link

Prices for cold-rolled and galvanized steel sheet in the United States were flat on Thursday October 28, with many market participants relying on existing inventory or foreign steel purchases while they wait for mill prices to drop.

Fastmarkets' weekly assessment for steel cold-rolled coil, fob mill US was unchanged from the previous week at $108 per hundredweight ($2,160 per short ton) on October 28, but up by 157.14% year on year.Fastmarkets' assessment for steel hot-dipped galvanized coil (cold-rolled base), fob mill US also remained...

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