US flat-steel import prices diverge; market at inflection point

November 12, 2021 / www.metalbulletin.com / Article Link

Prices for flat steel imported to the United States diverged on Wednesday November 10, with hot-rolled coil and hot-dipped galvanized prices falling while cold-rolled coil prices increased.

This comes when domestic prices in the US have generally begun to level off. Fastmarkets' assessment for steel hot-rolled coil, import, ddp Houston was $1,440-1,510 per short ton ($72.00-75.50 per hundredweight), down by 2.32% per ton from $1,480-1,540 per ton previously and by 11.94% from a record high of $1,650-1,700 per ton on July 7.Vietnamese material made up the lower end of the range, Europe was roughly in...

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