With the week ending on May xxst, US Cold Rolled Coil prices declined, influenced by ongoing debates over domestic mills&#xx; base price disclosures. In Germany, Cold Rolled Coil prices rose due to limited availability and increased automotive demand. In the UK, prices increased driven by supply chain disruptions, the Red Sea crisis, and robust demand from the consumer goods and automotive sectors.
As of the end of the week on May xxst, the US Cold Rolled Coil prices saw a further decline of x.xx. This decrease occurs amid ongoing discussions among market participants regarding the effects of domestic mills making their base prices public. In April, the Producer Price Index (PPI) for metals and metal products, specifically cold rolled steel sheet and strip, experienced a xx month-over-month drop. Additionally, the PPI for rolled steel shape manufacturing, which includes cold finished steel bars and shapes made from purchased...
