US coated steel prices rise, cold-rolled coil steady

Coated steel base prices firmed in the United States this past week due to steady demand, while cold-rolled coil was steady compared with the previous week, market participants said.

Fastmarkets AMM’s weekly assessment for the domestic hot-dipped galvanized steel base price moved to $41.50 per cwt ($830 per short ton) on Thursday March 7 from $41 per cwt a week earlier, and the all-in price for galvanized coil with a G90 coating increased to $46.25 per cwt from $45.75 per cwt in the same comparison.  Meanwhile, the assessment for US cold-rolled coil was flat week on week at $41.50 per cwt. Extra import supply and more competitive CRC import offers have been putting downward pressure on this product, market participants said. But strong...

Published

Nat Rudarakanchana

March 08, 2019

22:13 GMT

Chicago