US hot-rolled coil index drops again; outlook hazy

November 19, 2021 / www.metalbulletin.com / Article Link

Hot-rolled coil prices in the United States continued their recent downturn on Thursday November 18, hovering just above $90 per hundredweight ($1,800 per short ton), while market sentiment was mixed.

Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $90.06 per cwt ($1,801.20 per ton) on November 18, down by 0.67% from $90.67 per cwt on Wednesday November 17 and by 2.64% from $92.50 per cwt one week prior.Fresh inputs between $85 per cwt and $92.50 per cwt were received...

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