Fastmarkets’ daily steel hot-rolled coil index, fob mill US was calculated at $27.79 per hundredweight ($555.80 per short ton) on Monday December 2, up from $27.70 per cwt on Wednesday November 27.
Most prices were received in range of approximately $27-30 per cwt.
The higher end of the range was representative of an offer received by a Midwest service center source from a Midwest mill last Wednesday November 27. Notably, the Midwest service center source did...