Final Thoughts
April 10, 2017
Final Thoughts
Written by John Packard
We had a number of companies share foreign import numbers with us as we traveled about the market reaching out to buyers regarding their domestic purchases and the offers coming out of the domestic steel mills. On cold rolled we heard Russia offers delivered to Houston at $33.25/cwt, Turkey at $35.35/cwt and Vietnam $35.15/cwt.
I also have been asking about the quality and timeliness of deliveries out of Big River Steel and Acero Junction. I had a number of people respond to Big River Steel as it appears they are a much bigger and accepted player in the market than Acero Junction.
