The most commonly heard spot market pricing for US domestic HRC continues to hold at $43-$45 cwt. ($948-$992/mt or $860-$900/nt), ex-mill, and many within the US are starting to speculate that prices have reached their peak.
As such, buyers are only placing orders on an as-needed basis, due to fears over a possible market correction.
Looking south of the border, Mexican HRC in the US domestic market continues to be available at $40-$42 cwt. ($882-$926/mt or $800-$840/nt), FOB Houston; market sources report that order activity remains strong due to both favorable pricing and favorable lead times.