US HRC spot price closes in on $40/cwt

The price of hot-rolled coil in the United States has reached its highest level in over two years, Fastmarkets has learned.

Fastmarkets’ daily steel hot-rolled coil index, fob mill US was calculated at $39.83 per hundredweight ($796.60 per ton) on Monday November 30, up 2.1% from $39 per cwt on Wednesday November 25 and an increase of 2.7% from $38.80 per cwt one week earlier. Inputs were received in a broad range of approximately $39-43 per cwt, representing new...

Published

Patrick Fitzgerald

November 30, 2020

23:00 GMT

New York