US HRC index inches up, but demand flat

July 14, 2020 / www.metalbulletin.com / Article Link

Hot-rolled coil prices in the United States rose slightly on Monday July 13 while demand remained flat and market participants shared mixed outlooks.

Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $23.58 per hundredweight ($471.60 per short ton) on Monday, a 1.4% increase from $23.25 per cwt on Friday July 10 but 2% lower than $24.06 per cwt a week earlier on July 6.Inputs were received in a wide range of $20-26 per cwt - a spread of $6 per cwt, up from $4 per cwt on Friday. The inputs at...

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