Hot-rolled coil prices in the United States held above $84 per hundredweight ($1,680 per short ton) for 10 consecutive business days, with buyers scrambling to acquire material at any price, market participants said.
Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $84.69 per cwt ($1,693.80 per ton) on Thursday June 24, down by 0.54% from $85.15 per cwt on Wednesday June 23 but up by 0.56% from $84.22 per cwt on June 17. The index is down by 0.65% from the all-time high of...