Trade Cases

August 2, 2016
Everyone Waiting for Hot Rolled Final Determination Ruling
Written by John Packard
Buyers and sellers of hot rolled steel are holding back on making any new offers (buy or sell) until the final determinations are announced on HRC later this week.
According to Steel Market Update sources, hot rolled steel spot prices were ranging from a low of $590 per ton up to $630 per ton. Lead times are reported to be shorter than they have been with one large service center reporting just about all Nucor and SDI locations having 2 week HRC lead times.


