Impacted by price increase for previous two weeks, this week the price of steel sheet in US rising slightly, but the market is light trading. Most market participants believe that price increases may not be sustainable because it is now gradually into the summer off-season demand, coupled with the Independence Day holiday approaching, the buyers’ will to purchase significant slowdown, price increase lack of support.

Currently, the US Midwest hot rolled steel factory base price is USD 460-470 / short ton, up USD 5 / short ton. Cold roll factory base price is USD 570-590 / short ton, keep steady.

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