Hot-rolled coil prices in the United States stood firmly above $96.50 per hundredweight ($1,930 per short ton) for a third consecutive business day, while sources remained split as to whether hot band prices are beginning to plateau.
Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $96.57 per cwt ($1,931.40 per ton) on Monday August 23, falling by 0.27% from $96.83 per cwt on Friday August 20 but up by 1.58% from $95.07 per cwt one week earlier.Fresh inputs were received in the producer and distributor sub-indices in a range of $92-100 per...