Hot-rolled coil prices in the United States declined on Monday February 10, with distributors holding off on purchase orders in expectation of lower prices later.
Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $29.17 per hundredweight ($583.40 per short ton)on Monday February 10, down by 1.6% from $29.64 per cwt on Friday February 7 and down by 1.9% from $29.75 per cwt a week earlier on February 3.