Research

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

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September 2019 | North American Steels


US long product prices tumbling, with further declines likely in the coming month: US Long Product Highlights


US wire rod prices have fallen to pre-Section 232 levels with spot domestic industrial quality rod prices falling to $630-650/ton from $674/ton a month ago even though demand has recently picked up with wire rod consumers working down their inventories and starting to place more orders.

The combination of plummeting scrap...

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