US hot-rolled coil index sets new record at $97.50/cwt

Hot-rolled coil prices in the United States reached a new record on Monday September 13, while market participants remained split regarding the direction that spot pricing will take in the immediate future.

Fastmarkets’ daily steel hot-rolled coil index, fob mill US was calculated at $97.50 per hundredweight ($1,950 per short ton) on Monday, up by 0.69% from $96.83 per cwt on Friday September 10 and up by 0.53% from $96.99 per...

Published

Rijuta Dey Bera

September 13, 2021

21:29 GMT

New York