US hot-rolled coil index inches higher on tight supply

September 29, 2020 / www.metalbulletin.com / Article Link

Hot-rolled coil prices in the United States edged up slightly on Monday September 28 on growing concerns about tightening supply and the ability of mills and service centers to meet customers' needs in a timely manner.

Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $30.02 per hundredweight ($600.40 per short ton) on September 28, up by 2 cents from $30 per cwt on Friday September 25 and 0.8% higher than $29.78 per cwt a week earlier on September 21.
The current price is the highest since the index hit $30.08 per cwt on Tuesday September 22.

Inputs from producers, distributors and consumers were reported within a...

Recent News

Gold stocks decline on flat metal and mixed equities

October 07, 2024 / www.canadianminingreport.com

Copper price expected to range from flat to slight gain in 2025

October 07, 2024 / www.canadianminingreport.com

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok