No doubt the US hot-rolled market is weakening these days. At the moment, end users only care about their monthly needs. They make purchases based on actual demand and speed up stock reductions. 

Although hot-rolled prices in the US market currently remain at a relatively stable level, inactive market activities in the local market do indicate a possible price drop in the near future. 

At present, the average delivery time of local steel factories is about 6 to 6.5 weeks. However, it is believed that once the delivery time drops to less than 6 weeks, the price decline shall become evident then.