Steel plate prices held steady in the United States while service centers paused their buying in order to assess the next steps in the Covid-19 pandemic and its resultant impact on construction and energy demand.

Domestic prices for hot-rolled coil in Northern Europe decreased slightly day on day due to limited market activity, sources told Fastmarkets on Tuesday April 14.

ferro-alloys.com:China mills would be benefitted from the demand flow of niche steel products

ferro-alloys.com:Need of tax relief asked by steel merchants

US hot-rolled coil prices remain modestly below $25 per hundredweight as mills seek to keep them from falling into loss-making territory amid a steep drop in demand.

Five major US steel industry groups strongly urged Congress to include significant infrastructure investment in the next phase of COVID-19 stimulus legislation to provide a clear path toward its nation’s recovery.

Ferrous scrap prices in the Mexican steelmaking regions of Monterrey and Bajío were mostly unchanged week on week.

ArcelorMittal Kryvyi Rih's Q1 steel output down 7% on Covid-19 effects.