This week, the US profile prices held steady, although the market demand is acceptable, a large number of cheap imported resources continue to pour into the US market, to a certain extent, increased the pressure on price stability maintenance.

Currently, the US H-beam offered at around USD720 / short ton, the price of imported resources are USD82/short ton lower than local resources.Small section ex-factory price is USD 683-703 / short ton, approximately USD20-80 / short ton discount. In May, Gerdau long steel plant in North America has announced the increase of small sections offer June delivery USD25 / short ton, but the price increasing ultimately unsuccessful.

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