US hot-rolled coil index slips below $75/cwt

Hot-rolled coil prices in the United States remained just shy of an all-time high reached on Friday April 30, falling below the $75-per-hundredweight ($1,500-per-short-ton) threshold on Monday May 3.

Fastmarkets’ daily steel hot-rolled coil index, fob mill US was calculated at $74.82 per cwt ($1,496.40 per ton) on May 3, down by 0.81% from $75.43 per cwt on Friday but up by 2.96% from $72.67...

Published

Rijuta Dey Bera

May 03, 2021

22:05 GMT

New York