US hot-rolled band prices continue slide Benchmarker
Dec 13, 2006 | 10:41 AM
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Ski season is approaching in the United States and prices for hot-rolled band are continuing their downhill slide.
SteelBenchmarker, a price index launched by World Steel Dynamics Inc., Englewood Cliffs, N.J., AMM and Metal Bulletin, said the U.S. hot-rolled band price for Dec. 11 was $596 per tonne, f.o.b. mill, down $11 per tonne, or 1.8 percent, from the $607 per tonne reported two weeks ago (AMM, Nov. 30). The decline marked the ninth in a row for U.S. hot-rolled band in SteelBenchmarker reports.
The current U.S. price is down $102 per tonne, or 14.6 percent, from the peak price reported July 24.....
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