Stainless Steel Pipe Fittings

US HRC Steel prices decline to $603 a short ton

Written by

United States hot rolled cold (HRC) average steel prices declined by $4 a short ton week-on-week to $603 a short ton in the week ended January 02, as per The Steel Index.

Steel producers in the US have enjoyed buoyant demand in 2014 with the pricing environment far more resilient than what was witnessed in Asia and to a lesser extent Europe.

That said, the Midwest is not immune to international turmoil and as characterized by the constant flow of imports, it is perhaps unsurprising to finally see domestic prices fall significantly.

Source:Scrap Register

Zhejiang Yaang Pipe Industry Co., Limited

Article Categories:
Metals · Steel

Leave a Comment

Your email address will not be published. Required fields are marked *