US HRC index swings to $30/cwt; outlook uncertain

January 23, 2020 / www.metalbulletin.com / Article Link

Hot-rolled coil prices in the United States have continued to hover around the $30-per-hundredweight ($600-per-short-ton) mark this week, while sources have said the market direction remains unclear.

Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $30.03 per cwt ($600.60 per ton) on Wednesday January 22, up by 1.1% from $29.69 per cwt on January 21 but down by 2.8% from $30.91 per...

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