Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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December 2017 | North American Steels


We believe the December flat product price hikes are largely underpinned by supply-side factors: Latest Analysis


US mills received good news from the Commerce Department with an affirmative ruling in the duty-circumvention case targeting CR and HDG from Vietnam in early December.

This month’s key North American steel forecast highlights:

North American steel buyers were correct to suspect that further pricing moves were imminent following the partial success of the $40/ton HR, CR and HDG price increase in mid-October. Prior to the Thanksgiving holiday, in mid-November, domestic mills announced a further $30/ton price hike on sheet products. Approximately $25/ton of the first price hike was accepted by HR...

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