Fastmarkets AMM’s daily US Midwest hot-rolled coil index inched up to $37.77 per cwt on December 3 from $37.41 per cwt on Friday November 30.
Lead times are around four weeks, market participants said.
Heard in the market
Sources reported prices in a wide range of about $35.25-40 per cwt. The lower end of that range came from a price offered to a hot-rolled coil end user, while the higher end of the range...