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US HRC Steel prices decline further to $656 a short ton
Oct 10,2014 10:46CST
industry news
Source:SMM
United States hot rolled cold (HRC) steel prices declined further by $4 a short ton week-on-week to $656 a short ton in the week ended October 03, as per The Steel Index.
UNITED STATES October 09 2014 6:05 PM
 
NEW YORK (Scrap Register): United States hot rolled cold (HRC) steel prices declined further by $4 a short ton week-on-week to $656 a short ton in the week ended October 03, as per The Steel Index. 
 
According to TSI, US HRC prices slipped a few more dollars this week as steel producers reduced asking prices in a bid to secure orders. 
 
There was a good deal of activity this week with most transactions in the $650-660 a short ton range, though deals were reported as low as $640 a short ton. 
 
It will be interesting to see whether globally weak raw materials prices become the catalyst for reducing the disparity between US and international HR coil prices.
 
US hot rolled cold (HRC) steel prices
US HRC steel prices
The Steel Index

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