Metal Bulletin’s assessment of prices for June/July shipments of commercial-grade, boron-containing SS400 HRC was $425-435 per tonne fob for the week ended Tuesday May 2, up $5-10 from
a week ago.
With domestic prices continuing to rise after a three-day break for May Day, major mills rode on the bullish sentiment, raising their offers of the product to $440-450 per tonne fob on Tuesday afternoon, sources said.
According to market participants,...