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    September 13, 2024

    US CR price gains ground on imports

    Written by David Schollaert

    The price gap between US cold-rolled (CR) coil and offshore product is a bit broader this week despite slightly lower tags stateside. The premium is still widening since falling to a 10-month low in late July.

    Domestic CR coil tags remain above offshore prices on a landed basis. US prices ticked down slightly week on week (w/w) but have been mostly rising since also falling to a 10-month low in July. This is while offshore tags have been largely easing.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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