US West Coast flat steel prices up by $50 per ton
Headlines | 2013-05-30 09:01:33
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.
By Paul Ploumis
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
