US CRC mills prices level into the Thanksgiving holiday

Monday, 01 December 2014 09:53:56 (GMT+3)   |   San Diego
       

After a slight drop in spot prices for US domestic cold rolled coil (CRC) prices two weeks ago, prices have leveled off, in part due to low activity levels during the holiday week. Spot prices are still being offered in the range of $36.00-$37.00 cwt. ($794-$816/mt or $720-$740/nt) ex-Midwest mill.

As with last week, sources report that buyers in some areas of the country may be able to negotiate deals slightly below the most commonly reported spot price transaction range.  

Cwt.

Metric Ton (mt)

Net ton (nt)

Change from last week

US domestic

    

Ex-Midwest mill

    

CRC

$36.00-$37.00

$794-$816

$720-$740

neutral

     

Brazil*

    

CRC

$32.00-$33.00

$706-$727

$640-$660

neutral

     

China*

    

CRC

$30.50-$31.50

$672-$694

$610-$630

neutral,  w/ deals

     

India*

    

CRC

$33.00-$34.00

$728-$750

$660-$680

neutral

*DDP loaded truck in US Gulf ports


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