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Home / Metal News / US HRC Steel prices drop to $626 a short ton

US HRC Steel prices drop to $626 a short ton

iconMar 24, 2014 14:10
United States hot rolled cold (HRC) steel prices dropped by 1.1% or $7 a short ton week-on-week to $626 a short ton in the week ended March 14th this year.

UNITED STATES March 24 2014 10:33 AM 

NEW YORK (Scrap Register): United States hot rolled cold (HRC) steel prices dropped by 1.1% or $7 a short ton week-on-week to $626 a short ton in the week ended March 14th this year, as per the latest figures released by the The Steel Index (TSI).

According to TSI, United States HR coil price rose by $2 a short ton last Thursday – perhaps a sign of the recent price trend reversing.

The market was talking up the possibility of a hike in list prices, but many also talked down the impact this would have on current spot price levels.

The Steel Index
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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