The United States domestic steel market weakening
- Issue Time
Affected by the climate, the United States in winter demand for rebar market better than usual, in advance to digest the needs of the spring, so the current demand growth is not obvious. Earlier this month, Nucor demand and import volume considerations based on the withdrawal of $25 / short ton price increases, other mills although not officially announced the cancellation of the price, but in order to ensure the competitiveness, actually also withdrew the price.
Affected by this, screw steel Midwest mills factory price is $535-555. Short ton, fell to $15 / ton, southeast United States steel factory price is $530-555 / ton, fell $10-15 / ton.