Hot-rolled coil prices in the United States increased incrementally day on day on Wednesday October 20, but ultimately reflected the ongoing downward trend.
Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $95.95 per hundredweight ($1,919 per ton) on Wednesday, up slightly from $95.89 per cwt on Tuesday, but down 0.87% from $96.79 per cwt one week earlier. The index is down by 2.34% from the all-time high of $98.25 per cwt reached in September and...