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Raw Steels MMI: Steel Prices Bullish, HRC Breaks $1,000/st

Amid a surge in HRC prices, the Raw Steels index saw a notable increase. This leaves experts wondering what's in store for steel prices next year.

Surging Steel Prices Defy Manufacturing Slowdown

U.S. flat rolled steel prices, particularly hot rolled coil (HRC), have surged to over $1,000 per short ton, marking a significant bullish trend in the steel market despite a manufacturing slowdown.

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