Several steel distributors said the price spread between hot-rolled and cold-rolled coil is widening, not only as a result of demand but also as a result of mills seeking to increase profits. "There used to be a consistent difference of about $100 a ton," one Midwest distributor said.
Asian Metal - Sheet/Coil prices, news and researchFangda Special Steel overfulfills flat spring steel production task in Mar [04-09] ; Shandong to cut 18.8 million tons of steelmaking capacity and 14.0 million tons of ironmaking capacity in next five years [04-09] ; Liuzhou Iron and Steel Group restructures Guangxi Ferroalloy Company [04-08] ; Tata Steel production remains almost flat at 7.4 mt in Jan-Mar quarter [04-08]
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