US HRC index surges past $86/cwt

July 01, 2021 / www.metalbulletin.com / Article Link

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...

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