US CRC holding steady

Friday, 22 May 2015 00:37:25 (GMT+3)   |   San Diego
       

The US domestic cold rolled coil (CRC) market has been relatively steady in the days leading up to the Memorial Day holiday weekend, with prices continuing to trend at approximately $28-$29 cwt. ($617-$639/mt or $560-$580/nt), ex-Midwest mill.  Industry insiders wonder if all the recent trade case chatter was little more than the market crying wolf, and others are starting to question was actually in the works.

 

  Cwt. Metric Ton (mt) Net ton (nt) Change from last week
US domestic        
Ex-Midwest mill        
CRC $28-$29 $617-$639 $560-$580 neutral 
         
Brazil*        
CRC $25-$27 $551-$595 $500-$540 neutral 
         
India*        
CRC $28-$29 $617-$639 $560-$580 neutral 
         
Russia*        
CRC $25-$27 $551-$595 $500-$540 neutral 
         
China*        
CRC $25-$27 $551-$595 $500-$540 neutral with deals
         
*DDP loaded truck in US Gulf ports

 


Similar articles

Flat steel prices in local Taiwanese market - week 17, 2024

25 Apr | Flats and Slab

Stocks of main finished steel products in China down 5.4% in mid-April

25 Apr | Steel News

Ex-China CRC offer prices rise slightly despite slow trade

24 Apr | Flats and Slab

CRC import price offers increase in Brazil

23 Apr | Flats and Slab

Local Indian CRC prices stable, fails to react to reports of mill shutdowns

22 Apr | Flats and Slab

US flat rolled prices steady at mid-month despite lack of availability

19 Apr | Flats and Slab

Flat steel prices in local Taiwanese market - week 16, 2024

18 Apr | Flats and Slab

Mexican CRC consumption up 30.4 percent in February

17 Apr | Steel News

Ex-China CRC offer prices edge up amid better sentiment locally

17 Apr | Flats and Slab

Turkish flats prices generally stabilize after holiday

16 Apr | Flats and Slab