June 2017 | North American Steels
US flat product prices have declined in line with our forecasts again this month: Latest Analysis
The North American steel industry is facing great uncertainty at present regarding the government’s Section 232 investigation and the potential outcome.
This months key North American steel forecast highlights:
US flat product prices have declined in line with our forecasts again this month, with HR prices slipping below the $600/ton threshold, and sliding to around $580/ton in early June.
North American steelmakers have reacted to the pricing downturn by announcing a $30/ton price increase, effective immediately. We believe the price increase...
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