Hot-rolled coil prices in the United States remain up week over week on longer mill lead times and expectations of higher ferrous scrap prices in September.
Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $23.76 per hundredweight ($475.20 per short ton) on Thursday August 20, down by 0.4% from $23.85 per cwt on Wednesday August 19 but up by 1.9% from $23.31 per cwt a week earlier on August 13.Price inputs were received between $20.50 per cwt and $25 per cwt - creating a spread of $4.50 per cwt. The index's outlier filter automatically discarded inputs at...