US hot-rolled coil index tops $84/cwt for 5th day in row

June 18, 2021 / www.metalbulletin.com / Article Link

Hot-rolled coil prices in the United States have held above $84 per hundredweight ($1,680 per short ton) for five consecutive business days, with mills struggling to meet buoyant demand, market participants said.

Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $84.22 per cwt ($1,684.40 per ton) on Thursday June 17, down by 0.75% from $84.86 per cwt on Wednesday June 16 and by 1.20%  from a record high at $85.24 per cwt on Tuesday June 15; still, the index is up by 0.53% from $83.78 per cwt on June 10.
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