Prices for hot-rolled coil in the United States were virtually unchanged while order flow slowed on Tuesday August 24, with mills still discerning their next round of spot pricing and service centers reluctant to restock at current levels.
Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $96.55 per hundredweight ($1,931 per short ton) on August 24, little-changed from $96.57 per cwt on August 23 but up by 0.71% from $95.87 per cwt one week earlier. Fresh inputs were received in the producer and distributor sub-indices in a range of $95-100 per cwt. Inputs were carried...