According to the hot-rolled coil (HRC) market in the US, the current supply was seriously lower than the strong demand, which stimulated the market to boost the prices.
Among them, some of the steel mills already rising their selling price, and the market price was current around US$1,500/ton.
Compared to the mill’s price, the current market price showed slightly lower than that, which showed the increasing trend of price was ready to happen.