Hot-rolled coil prices in the United States have remained slightly below $25 per hundredweight ($500 per short ton) while sources reported few transactions.
Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $24.72 per cwt ($494.40 per ton) on Wednesday May 20, down slightly from $24.81 per cwt on Tuesday May 19 but up by 1.4% from $24.39 per cwt a week earlier on May 13. Lead times were reported in a wide range of three...