The hot-rolled coil price in the United States again surged to all-time high on Monday March 22, with steel mills said to have low spot availability and some buyers indicating imports are more feasible.
Fastmarkets' daily steel hot-rolled coil index, fob mil US was calculated at $65.78 per hundredweight ($1,315.60 per short ton) on Monday, up by 1.23% from $64.98 per cwt on March 19 and by 2.00% from $64.49 per cwt one week earlier.New inputs were received across both producer and distributor sub-indices in a range of $65-70 per...