The most commonly reported spot price transaction range for US domestic cold rolled coil (CRC) has once again held lateral, $41-$42 cwt. ($904-$926/mt or $820-$840/nt), ex-Midwest mill.
Current price points, which have increased by $18.00 cwt. ($397/mt or $360/nt) since January, are expected to hold through the summer, if not the end of the year due to decreased availability of imports due to the still-pending trade case. The final determinations in the antidumping / countervailing duty case are set to be announced on July 25.