MOSCOW, March 29 (Reuters) - Russia-based steelmaker Severstal said prices for hot band steel in the U.S. have stabilised at about $740 per metric tonne after falling almost 10 percent from January highs as demand remains robust. "Currently, the demand continues to be strong, but with increased imports and a couple of restarts of domestic capacity we saw some short term downward pressure on pricing," Sergei Kuznetsov, Chief Executive of Severstal International and North America, told the ...
Premium Content (PAID Subscription Required)
"Russia's Severstal says U.S. steel prices off Jan highs" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642