Hot-rolled coil prices in the United States rebounded for a second consecutive day after hitting their lowest price since early August on Monday October 25, but participants were still divided on the market direction.
Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $95.87 per hundredweight ($1,917.40 per ton) on Wednesday October 27, up by 0.46% from $95.43 per cwt on Tuesday October 26 but down by 0.08% from $95.95 per cwt one week earlier.The index has climbed by 2.59% since October 25, when Fastmarkets' calculated the HRC index at $93.45 per...