US hot-rolled coil index rebounds; views still split

October 27, 2021 / www.metalbulletin.com / Article Link

Hot-rolled coil prices in the United States rebounded on Tuesday October 26, with buyers still finding mills unwilling to budge on higher price levels despite reports of softness.

Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $95.43 per hundredweight ($1,908.60 per ton) on Tuesday October 26, up by 2.12% from $93.45 per cwt on Monday October 25 but down by 0.50% from $95.89 per cwt one week earlier. The index...

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