Home / Metal News / Aluminium / US HRC Steel prices decline further to $670 a short ton
US HRC Steel prices decline further to $670 a short ton
Jun 27,2014 18:41CST
industry news
Source:SMM
United States hot rolled cold (HRC) steel prices declined by $7 a short ton or 1% week-on-week to $670 a short ton in the week ended June 20th this year.

UNITED STATES June 27 2014 10:35 AM 
NEW YORK (Scrap Register): United States hot rolled cold (HRC) steel prices declined by $7 a short ton or 1% week-on-week to $670 a short ton in the week ended June 20th this year, as per the latest figures released by the The Steel Index (TSI).

Spot prices in the US Midwest sheet market took a dive early last week, with TSI's daily index falling $7 a short ton on Monday.

A significant number of transactions took place around $670 short ton, although some deals closed a few dollars lower.

Whilst the pricing outlook remains bearish, participants are less sure of whether a total collapse or just a softening in prices is on the cards.

 

hot rolled cold (HRC) steel prices
the The Steel Index (TSI).

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news