Foreign and Domestic HRC Prices Near Parity
US hot-rolled coil (HRC) and offshore product are nearly back even again after domestic prices moved higher for the second straight week.
Tag: trade
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The US and European Union will continue trade talks on Friday, Oct. 20, according to a statement from the European Council.
Leibowitz: The 2023 Supreme Court Term and International Trade Law
The 2023 term continues a series of very eventful Supreme Court sessions, similarly to 2021 and 2022 terms.
CRU Aluminum: Secondary Aluminum to Play A Bigger Role Over The Next 2-3 Years
The LME aluminum three-month price was broadly unchanged on Friday morning, Oct. 6, and was last seen trading at $2,243 per ton. Due to the Mid-Autumn Festival and National Day celebrations, the SHFE is closed for holidays from Sept. 29 to Oct. 6. According to a report from Bloomberg, leaders from the EU and the […]
Final Thoughts
The US steel market appears to have gone from despairing over the possibility of spot HRC prices slipping into the $500s per ton to worrying about spot availability – and in just a matter of 2-3 weeks.
US HRC Prices Move Nearly Even With Imports Again
US hot-rolled coil (HRC) and offshore product are nearing parity again after domestic prices moved higher this week and imports declined again.
Leibowitz: WTO Reform—Can It Happen?
Last week the World Trade Organization (WTO) held its periodic retreat for members to discuss the future of the organization.