[SMM Steel] US HRC Prices Rise Further amid Tight Domestic Supply
[United States] US HRC ex-works prices rose to around USD 1,316/tonne, up about USD 16/tonne on the week, as domestic mills continued to work through extended order backlogs and offered limited spot availability. Service centers increasingly turned to imports to secure supply, lifting imported HRC prices to around USD 1,102/tonne. Market participants expect domestic availability to remain constrained into Q4, supporting continued import interest.