US daily hot-rolled coil index continues downward trend

Hot-rolled coil prices continued their downward spiral in the United States, slipping almost $0.50 per hundredweight on Friday November 30.

Fastmarket AMM’s daily US Midwest hot-rolled coil index was at $37.41 per hundredweight ($748.20 per short ton), down $0.49 per cwt from $37.90 per cwt a day earlier and down more than $2 per cwt from $39.48 per cwt on November 20. Prices are down $8.43 per cwt - almost $170 per ton - from a 2018 peak of $45.84 per cwt in early July....

Published

Nat Rudarakanchana

December 03, 2018

22:50 GMT

Chicago