The Raw Steels Monthly Metals Index (MMI) increased by 2.53% as U.S. steel prices found a bottom, leading to a significant uptick in Hot-Rolled Coil (HRC) steel prices. U.S. steel capacity utilization ...
U.S. steel prices hit a bottom at the beginning of December, then began to climb. Hot rolled coil prices rose over 8% from their December low. Meanwhile, plate prices traded down for the first time ...
U.S. steel prices have surged significantly this year, with benchmark hot-rolled coil (HRC) prices rallying more than 25%. This spike is largely attributed to the Trump administration's imposition of ...
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