掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


Some key US steelmakers kick off second sheet price hike

  • Friday, May 22, 2020
  • Source:ferro-alloys.com

  • Keywords:US steelmakers
[Fellow]Some key US steelmakers kick off second sheet price hike

[ferro-alloys.com]US Steel said Thursday morning it is raising its US flat-rolled steel spot pricing by $40/st effective immediately, without mentioning any target base prices, according to a letter sent to its customers and seen by S&P Global Platts.

After US Steel's announcement, ArcelorMittal USA informed its customers with a letter that new spot orders will have base prices at $540/st for HRC and $740/st for cold-rolled and coated products.

Cleveland-Cliffs and Nucor also informed their customers Thursday afternoon about a $40/st increase in their spot flat-rolled pricing.

The first price hikes on May 1 pulled HRC prices higher from the four-year lows. The S&P Global Platts TSI US hot-rolled coil index was at $489.75/st EXW Indiana Thursday, despite being down $8.25 on the day, up roughly $30 since May 1.

The uptrend of the last three weeks started showing weaknesses recently as some mini-mills were not able to push their lead times out, while some integrated mills stretched theirs into July after the significant supply cuts that they made during the last two months.

Buyers, meanwhile, maintained a cautious approach in the spot market, and focused on their index-linked contractual supplies.

Despite growing optimism over the reopening of some automotive and manufacturing plants, uncertainties about the demand outlook still remain.

Multiple buy-side sources cited that the main goal of the second round of price hikes is to establish a floor at $500/st, rather than pushing it to higher levels.

A Midwest service center source said that the integrated mills will most likely move forward with the price increase as they already have limited spot availability, but had doubts that mini-mills will be able to reflect it to their spot prices with the opening in their June order books.

Despite the uptick so far this month, HRC prices are still down roughly $100/st since mid-March.

(S&P Global Platts)

  • [Editor:王可]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 吉林省| 鸡西市| 维西| 吉隆县| 临沭县| 彭阳县| 霍州市| 桦甸市| 五寨县| 张北县| 乐清市| 英吉沙县| 五家渠市| 稷山县| 南乐县| 西乌珠穆沁旗| 宁安市| 济南市| 云南省| 高邮市| 永福县| 兴文县| 庄浪县| 苗栗市| 正镶白旗| 芜湖市| 安龙县| 宁强县| 交城县| 临泉县| 淮南市| 和林格尔县| 新宁县| 香格里拉县| 阿图什市| 石景山区| 满洲里市| 滨海县| 哈巴河县| 察雅县| 兴安县|