Trade log: US HRC – Nov 23-25, 2020

Fastmarkets publishes trade logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.

Fastmarkets’ daily steel hot-rolled coil index, fob mill US was calculated in a range of $38.80-$39.08 per hundredweight ($776-781.60 per short ton) for the three-day holiday week from Monday November 23 through Wednesday November 25. The weekly average was $38.96 per cwt, up by 6.2% from an average of $36.69 per cwt the previous week.

The index was based on the following inputs:

  • Offer at $41 per cwt
  • Deal at $38 for medium tons
  • Assessment at $38
  • Deal heard at $39.50
  • Assessment at $40
  • Assessment at $39
  • Assessment at $38.75
  • Offer at $41
  • Assessment at $37.25
  • Deal at $37 for small tons
  • Assessment at $39
  • Assessment at $40
  • Assessment at $41
  • Offer at $40

Fastmarkets specifies volumes under one of the following four categories: Small: 50-499 tons
Medium: 500-1,999 tons
Large: 2,000-9,999 tons
Extra-large: 10,000 tons or more

Any data submitted under a Data Submitter Agreement will not be published. Fastmarkets uses its expert judgment to exclude outlying or unrepresentative numbers, and discounts or discards prices that it believes might otherwise be questionable and/or unreliable. Discarded inputs are not included in this trade log, but when inputs are discarded it is noted in the daily market report.

To provide feedback on this trade log or if you would like to provide price information by becoming a data submitter, please contact Grace Asenov at Please add the subject heading: FAO: Grace Asenov, re: US HRC Index.

To see all Fastmarkets’ pricing methodology and specification documents, go to

What to read next
Fastmarkets invited feedback from the industry on the pricing methodology for cobalt hydroxide, min 30% Co, inferred, China, $lb, via an open consultation process between May 4 and June 1, 2023. This consultation was done as part of our published annual methodology review process.
Fastmarkets will discontinue its consumer buying price assessments for machine shop turnings in the Cleveland and Pittsburgh markets effective Tuesday June 6.
Fastmarkets has decided to proceed with the launch of a new European low carbon ferro-chrome price covering material with lower chrome content.
Fastmarkets invites feedback on a proposal to increase the publication frequency of non-exchange-deliverable equivalent-grade (EQ) copper cathode premium, cif Shanghai, from once every two weeks to once every week.
The outlook for North American steel scrap prices has headed further into bearish territory ahead of June’s trade, with prices for all grades expected to fall again after a round of across-the-board decreases in May
Fastmarkets is inviting feedback on a change of publishing time for our ferro-chrome price in the Chinese domestic market as well as ferro-chrome import prices in Japan and South Korea, to 5-6pm Shanghai time from 2-3pm London time.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.