US hot-rolled coil prices are in a holding pattern as the market waits for the shock of automotive plant shutdowns to spread across the steel supply chain.
Fastmarkets' steel hot-rolled coil index, fob mill US was calculated at $28.40 per hundredweight ($568 per ton) on Thursday March 19, up 0.6% from 28.23 per cwt one day prior but down 2.4% from $29.09 per cwt a week earlier.Inputs were received in a wide range at $23-32 per cwt - a...