Steel sheet mills' hunger causes uncertainty

Jan 14, 2014 | 03:35 PM | Catherine Ngai

Tags  steel sheet, hot-rolled, steel mill, steel buyer, trader, lead time, Catherine Ngai

NEW YORK — A number of major U.S. steel mills are said to be hungry for business, causing some to express concern over the future direction of prices.

"I’m just sitting here and I’ve had a couple of mills call me asking for business," one Northeast service center source said. "I have decent inventory at good numbers and I honestly don’t want the numbers to drop. A lot of people are in the same position. But I’m really unsure."....

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