This week, Nucor and NLMK US companies have announced the increase in sheet prices, the price increase of at least 30 US dollars / short ton, involving varieties including hot rolled, cold rolled and hot galvanized sheet. Steel said the main reason for price increases is demand growth, extended delivery and rising production costs.

In January, the price of the US hot rolled coil rose to $ 640 / short ton, and in early February, the market price of the hot rolled coil was reversed, but remained at $ 600 / short ton. At present, the decline in scrap prices in February is less than expected, and the market is reasonable, so the steel mills can maintain the price firm and opportunistic price increases.

At present, the US Indiana hot coil and cold volume ex-factory price is still stable at 620-630 US dollars / short ton and 820-840 US dollars / short ton.

So if you have some steel purchase needs, now buy it is better. if you need use the steel material in short time.