Hot-rolled coil prices in the United States consolidated around the $98-per-hundredweight ($1,960-per-short-ton) level on Wednesday September 29, though opinions diverged on whether the current pricing level can hold in the coming months.
Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $97.92 per cwt ($1,958.40 per short ton) on Wednesday, a decrease of 0.11% from $98.03 per cwt on Tuesday September 28, but up 1.01% from $96.94 per cwt a week earlier. Fresh inputs were received in the distributor...