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US sheet prices hold steady amid widening offers
US sheet pricing was largely stable to end the week Friday, though the range of offers heard for hot-rolled coil continues to be wide as mills look to fill August order books, according to market feedback. The daily Platts TSI US HRC assessment was calculated at $915.25/st Friday, while the daily Platts TSI US cold-rolled coil assessment was calculated at $1,009.50/st. The assessments are down by 25 cents and 50 cents, respectively, from Thursday. Prices seem to be "all over the place" at the moment, but are at a minimum of $900/st on HRC and $1,000/st for CRC, a mill source said. The mill was holding the low-end of ... (full story)