Home / Metals / US HRC Steel prices rise further to USD 679 per short tonne
Stainless Steel Flanges

US HRC Steel prices rise further to USD 679 per short tonne

United States hot rolled cold steel prices rose further by USD 7 a short ton or 1% WoW to USD 679 a short ton in the week ended August 01st.

According to TSI, US HR sheet prices in the Midwest region rose last week as a number of trades concluded close to the USD 680 a short ton mark. US GDP figures for Q2 were higher than expected at 4% on an annual basis with both household spending on consumers goods and the housing sector posting gains.

Economists predict both of those steel-end user sectors are expected to remain strong in H2, boding well for the industry as a whole.

Source – Scrap Register

(www.nctv.net)

About www.nctv.net

www.yaang.com provide a wide range of steel products as Steel pipe, Steel pipes and seamless pipes, Alloy pipes, Pipe fittings, Composite steel pipe used in the industry, construction etc.

Leave a Reply

Your email address will not be published.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

*

Scroll To Top