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  • Sheet-Steel Prices Down

    By Purchasing Staff -- Purchasing, 3/12/2009 2:00:00 AM

    Hot-rolled sheet steel in coil is forecasted to be down this year from the $843/net ton average in 2008, by several leading sources. Buyers tell purchasingdata.com that they paid $509 per net ton for hot-rolled sheet steel in January, 52% lower than its July peak and 12 % lower than January 2008.

    CIBC World Markets $515
    IHS Global Insight $538
    Purchasingdata.com. $526
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