US hot-rolled coil index drops below $93/cwt in 'volatile' mart

November 11, 2021 / www.metalbulletin.com / Article Link

Prices for hot-rolled coil in the United States hit their lowest point since July amid market conditions most sources have described as slow, bearish and volatile.

Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $92.33 per hundredweight ($1,846.60 per short ton) on Wednesday November 10, down by 0.90% from $93.17 per cwt on Tuesday November 9 and by 1.07% from $93.33 per cwt a...

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