US sheet mills looking to tighten 2021 contract deals, talks ongoing

摘要

US sheet mills are attempting to take a stricter stance on 2021 contract structures in an effort to improve performance following extremely low discounted prices in 2020. It is too early to tell how successful mills could be at shifting from the status quo, according to market sources. They said mills have been looking at at least one or a combination of three major changes to new contracts: