Steel sheet prices slide as outlook mixed

Feb 13, 2014 | 07:26 PM | Catherine Ngai

Tags  steel sheet, hot-rolled sheet, cold-rolled coil, steel prices, ThyssenKrupp, Catherine Ngai

NEW YORK — Steel sheet prices dropped for a second week, with sources reporting several competitive deals and offers, although market players were mixed over what caused the devaluing in inventory.

"Things are confusing to me," one Midwest service center source told AMM. "A number of (big) mills have lost business because of deals out there, and I don’t know what that means."....

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