Research

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

Change font size:   

October 2019 | North American Steels


US steelmakers’ ambitious pricing moves have been eradicated over the past month: Latest Analysis


Fastmarkets AMM’s US domestic HRC index retreated through September, averaging $557/ton over the month, down from $592/ton in August.

This month’s key North American steel forecast highlights:

US steelmakers’ ambitious pricing moves have been eradicated over the past month as the combination of ample supply, destocking through the supply chain, and weakening end-use demand have erased even the $47/ton gain in HRC pricing we highlighted last month as the net result of mills’ attempt to boost prices by $120/ton at mid-year. Fastmarkets AMM’s US domestic HRC...

ACCESS RESTRICTED

To read the rest of this analysis please take a free sample or subscribe


FREE Sample


Receive a free sample of  market analysis and price forecasts.

Free Sample

SUBSCRIBE


Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as it’s published.

Subscribe


Already subscribed?