Prices for cold-rolled coils and galvanized sheets have risen again in the US. Likewise, demand is picking up significantly and supply is becoming tight.
US delivery times until spring 2021
Prices for cold-rolled coil and galvanized sheet in the USA have again spiked. This is reported by metalbulletin on its website. Buyers requiring spot material do not expect any short-term relief from domestic mills. Here, delivery times may extend in the meantime to spring 2021.
Prices up over 72% since August
Fastmarkets’ weekly price assessment for cold-rolled steel strip, fob mill US, jumped to $53.50 per hundredweight ($1,070 per short ton) on Thursday, December 17, from $52 per cwt ($1,040 per ton) on December 10. The valuation has now gained 72.58% since slipping to a one-year low of $31 per cwt in mid-August.
Steelnews.biz constantly searches the Internet for important, interesting and informative news.
Are you missing an information, do you have a question or are you interested that we refer to a certain article or press release of Steelnews.biz? Then simply contact us now.
We always try to refer to the correct source of a news item.
Disclaimer: Many things here represent our opinion. Others are information from the Internet. We can therefore never claim to be correct or complete. And never base a business decision solely on the news you receive from us.