Prices for galvanized steel sheet in the United States strengthened to another all-time high, and cold-rolled coil held steady at a record, after buyers in dire need of restocking reported a persistent inability to procure spot material.
Fastmarkets' weekly price assessment for steel cold-rolled coil, fob mill US was unchanged at $91 per hundredweight ($1,820 per short ton) on Thursday June 3. The assessment has gained 193.50% since descending to its 2020 low of $31 per cwt in August.Fastmarkets' price assessment for steel hot-dipped galvanized coil (hot-rolled base), fob mill US also climbed to $93 per cwt from $92 per cwt one...