HRC Steel fell to 891.06 USD/T on December 2, 2025, down 0.88% from the previous day. Over the past month, HRC Steel's price has risen 5.08%, and is up 29.14% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for HRC Steel.

In July 2025, the price of the hot-rolled coil steel in China experienced a significant increase, peaking at around *** U.S. dollars per metric ton. That was the highest price registered since March 2025.

FOB China Hot Rolled Coil (HRC): Oct '23 $530, Oct '24 $492 (-7%). Nov '23 $548, Nov '24 $490 (-10%). Dec '23 $566, Dec '24 $484 (-15%).

After demand for steel dropped during the arrival of the COVID-19 pandemic in 2019, steel prices also took a hit. However, in 2021, hot-rolled coil (HRC) steel prices were projected to rebound to around *** U.S. dollars per metric ton—a ** percent recovery from the dip in prices that had continued into 2020. The U.S. market by the end of 2021 The United States is among the markets where hot-rolled coil (HRC) steel prices are the highest in the world. It was expected that U.S. steel distributors and producers, such as Nucor and United States Steel, would benefit from the steel tariffs on U.S. imports that came into effect in the spring of 2018. At the same time, U.S. imports from the countries subjected to the so-called Section 232 tariffs were projected to decline. By the end of 2021, Canada was the main country of origin for the U.S.’s imports for consumption of steel products. Impact on the Chinese market Even though a large part of China's steel exports to the United States had already been restricted through antidumping or countervailing duties, trade tensions put pressure on steel markets worldwide, including China. Chinese steel product imports amounted to ***** million U.S. dollars, making it the ninth country of origin for steel products in the United States. Overall, rolled steel was the seventh largest category of Chinese export goods in 2021, amounting to almost *** billion yuan (approximately ** billion U.S. dollars). This comes after China's steel sector had a drop in sales to its domestic auto sector in early 2019.

Explore the fluctuations of China's Hot Rolled Coil (HRC) prices and how they mirror the country's industrial trends and global economic conditions. Understand the factors influencing these prices, from domestic demand and raw material costs, to geopolitical events and environmental policies, offering critical insights for industries reliant on steel.

China Settlement Price: Shanghai Future Exchange: Hot Rolled Coil: 2nd Month data was reported at 3,144.000 RMB/Ton in 09 May 2025. This records a decrease from the previous number of 3,168.000 RMB/Ton for 08 May 2025. China Settlement Price: Shanghai Future Exchange: Hot Rolled Coil: 2nd Month data is updated daily, averaging 3,741.000 RMB/Ton from Mar 2014 (Median) to 09 May 2025, with 2707 observations. The data reached an all-time high of 6,617.000 RMB/Ton in 12 May 2021 and a record low of 1,702.000 RMB/Ton in 30 Nov 2015. China Settlement Price: Shanghai Future Exchange: Hot Rolled Coil: 2nd Month data remains active status in CEIC and is reported by Shanghai Futures Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Futures Exchange: Commodity Futures: Settlement Price: Daily.

China Settlement Price: Shanghai Future Exchange: Hot Rolled Coil: 4th Month data was reported at 3,287.000 RMB/Ton in Nov 2025. This records a decrease from the previous number of 3,315.000 RMB/Ton for Oct 2025. China Settlement Price: Shanghai Future Exchange: Hot Rolled Coil: 4th Month data is updated monthly, averaging 3,668.000 RMB/Ton from Mar 2014 (Median) to Nov 2025, with 141 observations. The data reached an all-time high of 6,132.000 RMB/Ton in Jul 2021 and a record low of 1,697.000 RMB/Ton in Nov 2015. China Settlement Price: Shanghai Future Exchange: Hot Rolled Coil: 4th Month data remains active status in CEIC and is reported by Shanghai Futures Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Futures Exchange: Commodity Futures: Settlement Price.

Steel rose to 3,117 CNY/T on December 2, 2025, up 0.23% from the previous day. Over the past month, Steel's price has risen 1.30%, but it is still 7.09% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Steel - values, historical data, forecasts and news - updated on December of 2025.

Explore the dynamic factors influencing hot rolled coil (HRC) prices in China, including domestic demand, export markets, raw material costs, and environmental regulations. Understand the impact of China's steel production and consumption on global HRC pricing amidst economic and regulatory shifts.

In May 2025, the global hot-rolled coil market experienced a price decline due to weak demand and competitive import pricing, affecting Europe, the US, and China.

Hot Rolled Coil Steel Market Outlook

The global hot rolled coil steel market size was estimated at USD 200 billion in 2023 and is projected to reach approximately USD 300 billion by 2032, registering a CAGR of 4.5% during the forecast period. The growth of the market is largely driven by the increasing demand in the construction and automotive sectors. Hot rolled coil steel (HRC) is a fundamental material used in various industries due to its versatility, durability, and cost-effectiveness.

One of the primary growth factors for the hot rolled coil steel market is the robust development within the construction industry. The need for infrastructural development, particularly in emerging economies, is driving the demand for HRC. Governments around the world are investing heavily in infrastructure projects such as bridges, roads, and buildings, which in turn fuels the demand for durable construction materials like hot rolled coil steel. Additionally, the increasing urbanization and industrialization across various regions are contributing significantly to market growth.

Another crucial factor propelling the market is the burgeoning automotive industry. Hot rolled coil steel is extensively used in manufacturing automobile components due to its high strength and formability. The global automotive industry is experiencing significant growth, especially in countries like China and India, where the demand for vehicles is rising rapidly. This surge in automotive production is expected to further elevate the demand for hot rolled coil steel over the forecast period. Moreover, the trend of electric vehicles (EVs) is creating new avenues for HRC applications, thus amplifying market expansion.

Moreover, the machinery and energy sectors are also contributing to the market growth. The machinery industry, which encompasses a wide range of applications from industrial machinery to agricultural equipment, relies heavily on HRC for its production processes. Similarly, the energy sector, particularly renewable energy projects such as wind turbines, requires substantial quantities of hot rolled coil steel. The global push towards renewable energy sources is expected to sustain the demand for HRC in the coming years. Additionally, the ongoing advancements in production technologies and the development of high-strength, low-weight steel variants are likely to offer lucrative opportunities for market players.

Hot Rolled Channel, a specific type of steel product, is gaining traction in various industrial applications due to its unique structural properties. Unlike other steel products, hot rolled channels are characterized by their U-shaped cross-section, which provides excellent strength and rigidity. This makes them particularly suitable for use in construction projects, where they are often employed as support beams and frameworks. The versatility of hot rolled channels also extends to the automotive industry, where they are used in manufacturing chassis and other structural components. Their ability to withstand high stress and load conditions makes them a preferred choice in sectors that demand durability and reliability.

Regionally, Asia Pacific dominates the hot rolled coil steel market, driven by rapid industrialization and urbanization in countries like China and India. North America and Europe are also significant markets, attributed to the established automotive and construction industries. Additionally, Latin America and the Middle East & Africa are experiencing steady growth, fueled by infrastructural development and energy projects. The regional outlook indicates a diverse demand pattern, influenced by local industrial growth and economic conditions.

Product Type Analysis

The hot rolled coil steel market is segmented by product type into low carbon steel, medium carbon steel, and high carbon steel. Low carbon steel, also known as mild steel, is widely utilized due to its excellent weldability and malleability. This type of steel is predominantly used in the construction industry for structural applications such as beams and columns. Its low cost and ease of production make it a preferred choice for many manufacturers. The increasing number of construction projects, especially in developing regions, is expected to drive the demand for low carbon steel.

Medium car

China Settlement Price: Shanghai Future Exchange: Hot Rolled Coil: 3rd Month data was reported at 3,293.000 RMB/Ton in Nov 2025. This records a decrease from the previous number of 3,331.000 RMB/Ton for Oct 2025. China Settlement Price: Shanghai Future Exchange: Hot Rolled Coil: 3rd Month data is updated monthly, averaging 3,708.000 RMB/Ton from Mar 2014 (Median) to Nov 2025, with 141 observations. The data reached an all-time high of 6,129.000 RMB/Ton in Jul 2021 and a record low of 1,702.000 RMB/Ton in Nov 2015. China Settlement Price: Shanghai Future Exchange: Hot Rolled Coil: 3rd Month data remains active status in CEIC and is reported by Shanghai Futures Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Futures Exchange: Commodity Futures: Settlement Price.

China Settlement Price: Shanghai Future Exchange: Hot Rolled Coil: 5th Month data was reported at 3,278.000 RMB/Ton in Nov 2025. This records a decrease from the previous number of 3,318.000 RMB/Ton for Oct 2025. China Settlement Price: Shanghai Future Exchange: Hot Rolled Coil: 5th Month data is updated monthly, averaging 3,529.000 RMB/Ton from Mar 2014 (Median) to Nov 2025, with 141 observations. The data reached an all-time high of 6,100.000 RMB/Ton in Jul 2021 and a record low of 1,686.000 RMB/Ton in Nov 2015. China Settlement Price: Shanghai Future Exchange: Hot Rolled Coil: 5th Month data remains active status in CEIC and is reported by Shanghai Futures Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Futures Exchange: Commodity Futures: Settlement Price.

Explore the significance of LME HRC China in the global steel market, highlighting its role in pricing hot-rolled coil steel, risk management, and market trends influenced by China's industrial activity.

The global Hot-Rolled Coils (HRC) market, valued at $253.6 million in 2025, is projected to experience steady growth, driven by robust demand from the construction and automotive sectors. A Compound Annual Growth Rate (CAGR) of 3.4% from 2025 to 2033 indicates a consistent, albeit moderate, expansion. This growth is fueled by ongoing infrastructure development globally, particularly in emerging economies, which necessitates large quantities of HRC for construction projects. The automotive industry's reliance on HRC for car body manufacturing further contributes to market demand. However, fluctuating raw material prices, particularly iron ore and coking coal, pose a significant challenge, potentially impacting profitability and influencing price volatility. Furthermore, increasing environmental regulations concerning carbon emissions from steel production are leading manufacturers to invest in cleaner technologies, which adds to production costs and could restrain market growth in the short term. Competition within the market is intense, with major players like ArcelorMittal, China Baowu Steel Group, and Nippon Steel & Sumitomo Metal vying for market share. Strategic alliances, technological advancements, and expansion into new markets are key competitive strategies observed. The segmental breakdown of the HRC market, while not explicitly provided, is likely diversified across various gauges and grades catering to specific applications. The geographical distribution is expected to show a concentration in regions with significant manufacturing and construction activity, such as Asia-Pacific, North America, and Europe. However, shifts in manufacturing hubs and infrastructure investments could reshape the regional landscape over the forecast period. The future outlook for the HRC market remains positive, contingent on the successful mitigation of raw material price fluctuations and the continued implementation of sustainable steel production practices. Continuous technological innovation and efficient supply chain management will play critical roles in shaping the market's trajectory in the coming years.

Explore the dynamics of the China HRC spot market and understand how hot-rolled coil steel prices are influenced by economic policies, global trade tensions, and the aftermath of the COVID-19 pandemic. Gain insights into the factors driving volatility and their impact on the global steel industry.

35 Global import shipment records of Hrc Steel with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Discover the significance of the LME Steel HRC FOB China contract in global steel trading. Learn how this financial instrument aids in hedging price volatility, reflects market trends, and serves as a benchmark for international steel price dynamics, influenced by China's economic policies and industrial demands.

17017 Global export shipment records of Hot Rolled Coil Sheet with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

523 Global import shipment records of Hot Rolled Coil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.