Hot-rolled coil prices in the United States stayed mostly flat while market participants questioned the sticking power of a second wave of price increases by domestic flat steel mills.
Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $24.82 per hundredweight ($496.40 per short ton) on Wednesday May 27; that price is nearly flat from $24.72 per cwt, where the index stood on Tuesday May 26 and a week ago...