'Aggressive normalization' seen for US HRC prices after 2021 peak | Hellenic Shipping News Worldwide
Following a year in which US hot-rolled coil prices reached an all-time high, steel industry analysts are expecting 2022 to be a year of normalization and downward pressure as more supply and shorter lead times improve availability for buyers. “I think the bottom line is in 2021 there was a shortage,” Phil Gibbs, equity research ...