Lukewarm demand may limit traction sheet hikes command

摘要

Hot-rolled sheet prices ticked up this past week as domestic mills announced increases, but gains could be limited due to fairly tepid demand going into the summer months, industry participants said. AMM’s price assessment for hot-rolled sheet increased to $23 per hundredweight ($460 per ton) from $22.75 per cwt ($455 per ton) previously, while cold-rolled sheet remained at $28.75 per cwt ($575 per ton) and hot-dipped galvanized base prices were stable at $29 per cwt ($580 per ton).