US hot-rolled coil index holds above $96/cwt; gap vs imports persists

September 02, 2021 / www.metalbulletin.com / Article Link

Hot-rolled coil prices in the United States rose marginally day on day, while some market sources reported that coil prices were plateauing after a year of weekly gains.

Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $96.25 per hundredweight ($1,925 per short ton) on Wednesday September 1, up by 0.08% from $96.17 per cwt on Tuesday August 31 and by 0.99% from $95.31 per cwt one week earlier.Fresh inputs were received across all three sub-indices in a range of $95-100 per cwt, representing...

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