US HRC index holds; mill increase sustainability unclear

Hot-rolled coil prices in the United States have remained solidly above $30 per hundredweight ($600 per short ton) following a fifth round of mill price increases.

Fastmarkets’ daily steel hot-rolled coil index, fob mill US was calculated at $30.48 per cwt ($609.60 per ton) on Thursday January 9, down modestly from $30.54 per cwt on Wednesday January 8 but up by 5.1% from $28.99 per cwt a week earlier on January 2.

Fastmarkets received inputs in a range...

Published

Michael Cowden

January 09, 2020

22:54 GMT

Chicago