Analysis
April 28, 2024
Final thoughts
Written by Laura Miller & Michael Cowden
What a difference a month makes. In late March, it seemed like the US hot-rolled (HR) coil market was poised to cycle upward.
Large buyers had re-entered the market and placed big orders earlier in the month. Several outages were underway or upcoming. And expectations were that lead times would continue to extend.
Laura Miller
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