Hot-rolled coil prices in the United States resumed their historic climb on Monday January 11 after inching lower on Friday January 8.
Fastmarkets' daily steel hot-rolled coil index was calculated at $54.49 per hundredweight ($1,089.80 per short ton) on Monday, up by 4.57% from $52.11 per cwt on Friday and 5.38% higher than $51.71 per cwt one week earlier. Inputs were received in a wide range of $52-60 per cwt across all three sub-indices - including producers, distributors and consumers - representing assessments of current...