US HRC index inches up, but demand flat

Hot-rolled coil prices in the United States rose slightly on Monday July 13 while demand remained flat and market participants shared mixed outlooks.

Fastmarkets’ daily steel hot-rolled coil index, fob mill US was calculated at $23.58 per hundredweight ($471.60 per short ton) on Monday, a 1.4% increase from $23.25 per cwt on Friday July 10 but 2% lower than $24.06 per cwt a week earlier on July 6. Inputs were received in a wide range of $20-26 per cwt - a spread of $6 per cwt, up from $4 per cwt on Friday. The inputs at...

Published

Robert England

July 13, 2020

23:00 GMT

New York