US HRC index holds near $97/cwt; annual negotiations draw out

September 23, 2021 / www.metalbulletin.com / Article Link

Hot-rolled coil prices in the United States consolidated around the $97-per-hundredweight ($1,940-per-short-ton) level on Wednesday September 22, while the market remains engaged in thrashing out annual contract negotiations.

Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $96.94 per cwt ($1,938.80 per short ton) on September 22, a decrease of 0.57% from $97.50 per cwt on Tuesday September 21 and down 0.14% from $97.08 per cwt a week earlier.The...

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