Despite recent dip, US CR prices remain more expensive than imports

The price gap between US cold-rolled (CR) coil and offshore product narrowed slightly in the week ended Sept. 27 as stateside tags edged down. The premium slipped moderately but remains well ahead of the 10-month low from late July.

Domestic CR coil tags remain higher than offshore prices on a landed basis. US prices moved lower week on week (w/w), while offshore tags were also mostly down.

Imports

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.

David Schollaert

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