Hot-rolled coil prices in the United States have climbed back above $24 per hundredweight ($480 per short ton) on modestly rising demand and longer lead times.
Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $24.16 per cwt ($483.20 per ton) on Monday August 24, up by 2.5% from $23.57 per cwton Friday August 21 and up by 2.1% from $23.67 per cwt a week ago on August 17.This marks the index's highest since June 24, when the price was calculated at $24.33 per cwt....