US HSS prices stable for now

Wednesday, 04 November 2020 22:13:32 (GMT+3)   |   San Diego
       

US domestic HSS prices have maintained stability this week after a sharp increase last week, with spot prices still trending in the range of  $47.50-$48.50 cwt. ($1,047-$1,069/mt or $950-$970/nt), FOB mill. However, it is unclear yet whether HSS's strong uptrend is over, and prices could continue to rise after US scrap prices settle for November.


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