US West Coast flat steel prices up by $50 per ton
The two major flat-rolled steel producers on the US West Coast may have raised their list prices, but buyers are not yet convinced that prices will actually rise in a market that they say remains highly competitive.
Los Angeles(Scrap Monster): The two major flat-rolled steel producers on the US West Coast may have raised their list prices, but buyers are not yet convinced that prices will actually rise in a market that they say remains highly competitive.
'Domestic mills say they’re going up, but we’re still seeing low import prices at the same time,' one cold-rolled sheet buyer in the region said. California-based California Steel Industries (CSI) told customers late last week that it had achieved its 'planned capacity for production and shipment' for June.
Courtesy : metalbulletin.com