US hot-rolled coil index hits lowest since late August

October 23, 2021 / www.metalbulletin.com / Article Link

Hot-rolled coil prices in the United States ended the week by sliding to their lowest level since late August, with more uncertainty fogging the market outlook.

Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $95.39 per hundredweight ($1,907.80 per ton) on Friday October 22, down by 0.82% from $96.18 per cwt on Thursday October 21 and down by 0.08% from $95.47 per cwt one week earlier.Friday's calculation marks the index's lowest since the price stood at $95.31 per cwt on August 25.Fresh inputs were...

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