July 2012 | North American Steels
Flat, long prices vulnerable to scrap price decline: Latest Analysis
North American steelmakers aim for a $40/ton flat product price increase as they attempt to halt the downward pricing spiral of recent months.
North American flat product prices declined throughout June and into early July, with HR prices falling to an average of $600/ton, with reports of large-volume buys as low as $570/ton. Domestic steelmakers announced a $40/ton price hike...
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