W. Coast flat-roll tag cues to come after holiday
Nov 13, 2012 | 05:37 PM
| Frank Haflich
Tags
West Coast,
flat-rolled steel,
California Steel Industries,
USS-Posco Industries,
CSI,
UPI,
price increases,
flat-rolled prices
Frank Haflich
NEW YORK — Flat-rolled steel buyers on the West Coast are looking to late November for clues on the strength of recent price hikes.
With several large buyers pretty much set for the year as the region’s mills have largely filled out their order books for 2012, indications are that the strength of recently announced increases will start to become clear when customers return from the Thanksgiving holiday.
"I haven’t paid more for steel yet, but I do expect to pay more for January," according to one service center buyer, who, like several others, managed to fill out this year’s requirements at pre-increase price levels.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here