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re: U.S. aluminum/steel shutting down

Posted on 8/11/22 at 8:02 am to
Posted by atrain5
Baton Rouge Correctional Facility
Member since Sep 2017
2209 posts
Posted on 8/11/22 at 8:02 am to
Steel is starting to go upside down now. From the beginning of Covid, for standard steel plate- average cost went from .32 cents a pound to upwards of .95 cents a pound. It is starting to cool off finally with HRC free falling and piping and tubing taking a dive as well. The mills though are still giving end users the run around. The "staffing shortages" and "outages" are still putting users in a lead time hell. Even the most common of sizes that you used to be able to get it a week have roll times pushed out for months.
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