US cold-rolled, coated steel prices log third weekly fall

Cold-rolled coil and coated sheet prices in the United States fell for a third week in a row, with soft demand and bearish sentiment remaining pervasive across the flat-rolled steel markets.

Fastmarkets AMM’s weekly assessment for US domestic cold-rolled coil dropped to $37 per hundredweight ($740 per short ton) on May 30 from $38 per cwt one week earlier. Fastmarkets AMM also assessed the US domestic hot-dipped galvanized steel base price at $37 per cwt, with the all-in price for galvanized coil with a G90 coating...

Published

Grace Lavigne Asenov

May 31, 2019

22:40 GMT

New York