International Steel Prices
June 18, 2021
CRU: U.S. Market Watching for New Capacity and Trade Developments
Written by Estelle Tran
By CRU Prices Analyst Estelle Tran
U.S. sheet prices are still trending higher, which has supported further gains in raw materials, slabs and imported steel. Even though CRU HR coil prices have increased 7.4% m/m to $1,655 /s.ton on June 16, market contacts still report a lack of workable offers, especially given lead times into the fourth quarter and network of Section 232 (S232) tariffs and AD/CVD duties.
