www.ferroalloynet.com: Due to limited supply in the domestic market, U.S. hot rolled coil (HRC) prices rebounded from the previous week.
The winter blizzard hit the United States and Mexico for a week, severely affecting the oil supply of the two countries. In addition, the storm also brought a shortage of natural gas and electricity supplies, restricting the operations of the Mexican steel industry.
According to market participants, due to winter blizzards leading to a decline in production, spot stocks in April have almost been used up.
www.ferroalloynet.com
