Hot-rolled coil prices in the United States remained above $61 per hundredweight, with market participants scrambling to find spot material, according to market participants.
Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $61.72 per hundredweight ($1,234.40 per short ton) on Friday February 26, down by 0.21% from $61.85 per cwt on February 25 but up by 1.83% from $60.61 per cwt one week earlier.Fresh inputs were...