US hot-rolled coil closes 2020 at $51.50/hundredweight

Hot-rolled coil prices in the United States reached the highest level seen all year – and in more than 12 years – on the final day of 2020.

Fastmarkets’ daily steel hot-rolled coil index, fob mill US was calculated at $51.50 per hundredweight ($1,030 per short ton) on December 31, 2020, up 0.5% from $51.25 per cwt the previous day and 3% higher than $50 per cwt a week prior. This is the highest level since the index was $53 per cwt in August 2008. The highest...

Published

Grace Lavigne Asenov

December 31, 2020

21:26 GMT

New York