New Updated Stainless Steel HR Coil Prices Online - Noida

Tuesday, 7 March 2023

Item details

City: Noida, Uttar Pradesh
Offer type: Offer

Contacts

Contact name ChemAnalyst
Phone 03322586602

Item description

Stainless Steel HR Coil prices remained stable in the US market during the fourth quarter of 2022, owing to limited consumption from the downstream segment. At the start of the Q4, mill margins in the United States were under pressure due to rising input costs and the ongoing push to use more scrap in furnaces and incorporate more obsolete grades into the mix. Mills maintained their margins, but they had to give as spot prices fell, despite scrap dealers and traders stating that the shredded scrap premium to prime grades was not sustainable beyond November. Buyers were focused on reducing inventories across all products through the end of the year, keeping them out of the spot market due to shorter lead times from domestic mills versus longer lead times for imports

For more information
E-Mail:- sales@chemanalyst.com
websites:- httpswww.chemanalyst.com/Pricing-data/stainless-steel-hr-coil-1368
Contact No:- +13322586602