Prices for Hot Roll Steel Band in the US U.S. are $465 higher than in China (compared to $471 in the last report two weeks ago), and $358 higher than in the EU (compared to $372 in the last report).
Steel in the US is 76% more expensive than in China.
Steel in the US is 49% more expensive than in the EU.
How’s steel profits?
Steel Dynamics Joins Nucor – Doubling Profits.
The next time somebody says “National Security” I am seriously gonna lose my cool!
Price information courtesy Steel Benchmarker.