US HRC index dips on mills' December order book holes

November 16, 2019 / www.metalbulletin.com / Article Link

Hot-rolled coil prices in the United States went down slightly on Friday November 15, with some mills filling holes in their December order books at lowered prices, according to market participants.

Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $26.33 per hundredweight ($526.60 per short ton) on Friday, down by 0.3% from $26.41 per cwt on November 14 due to certain deals for December delivery being concluded at discounted prices.Still, the index was up by 3.7% from $25.39 per cwt a week ago on November 8. Inputs were received in a wide range of $24-28 per...

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