Mixed supply signals: Rising imports and shorter lead times contrast with low inventories

摘要

Sheet prices have been quite stable since the beginning of June and while inventories look quite low,a new rising trend of imports and falling lead times is creating enough concern with buyers to causea dip in HR coil prices.Given this, alongside higher import arrivals, buyers are likely to hold off new orders as much aspossible in order to limit their exposure to high-priced inventory.