Sheet prices slide on short lead times

Jan 09, 2013 | 03:30 PM | Chris Evans

Tags  flat-rolled steel, hot-rolled sheet, cold-rolled sheet, coated steel sheet, steel prices, Chris Prentice

NEW YORK — Domestic flat-rolled steel pricing has started to erode amid short mill lead times and a slow recovery in steel demand so far in 2013, steel buyers told AMM.
Service center sources said they expect the slide to be short-lived as post-holiday demand improves and pushes out lead times, but until that happens, there has been little to keep stagnated prices from deteriorating, steel buyers said. ....

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