Hot-rolled coil prices in the United States have slipped below $97 per hundredweight ($1,940 per short ton), with market sentiment mixed on whether the price has peaked.
Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $96.93 per hundredweight ($1,938.60 per ton) on Monday August 30. It was down by 0.13% from $97.06 per cwt on Friday August 27, but up by 0.37% from $96.57 per cwt one week earlier.Fresh inputs were received in the producer and...