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The Big Question: How Long Can US Steel Prices Hold Their Gains?

The Big Question: How Long Can US Steel Prices Hold Their Gains?

US steel prices have risen sharply this year. Benchmark HRC (hot-rolled coil) prices are currently in the ballpark of $850 per ton, according to the data compiled by SteelBenchmarker. While there are several grades of steel products, HRC prices serve as a benchmark to gauge steel pricing environment.