US hot-rolled coil price diving on uncertainty, muted buying

March 19, 2020 / www.metalbulletin.com / Article Link

Hot-rolled coil prices have continued to decline in the United States due to muted buying activity and concerns stemming from the novel coronavirus (2019-nCoV) outbreak.

Fastmarkets' daily steel hot-rolled index, fob mill US was calculated at $28.23 per hundredweight ($564.60 per short ton) on Wednesday March 18, down by 1% ($0.29 per cwt) from $28.52 per cwt on Tuesday March 17 and...

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