Hot-rolled coil prices in the United States rose above $86 per hundredweight ($1,720 per short ton) for the first time on Wednesday June 30, surpassing the previous all-time high that was reached just a day before.
Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $86.53 per hundredweight ($1,730.60 per short ton) on Wednesday, an increase of 0.64% from $85.98 per cwt on Tuesday June 29 and up 1.62% from $85.15 per cwt one week earlier.Inputs...