US Steel
company raised the sheet spot price by USD40 / short ton, which is the third
time this year the company raised the sheet offer, market speculation that US
Steel decided to raise the offer may be associated with the US government on
the import volume of cold-related anti-dumping investigation. After the price
adjustment, the HRC factory base price is USD500 / short ton, cold roll and hot
galvanized plate factory base price is USD600 / short ton.
But since
delivery time is still short, the raw material price in July always decline,
the cost of support is weak, and price increase in mid-June accepted by market,
so most market participants believe that mills implement price unlikely
increases.
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