In Q3 2025, North America, the Hot Rolled Coil Price Index fell by 3.05% quarter-over-quarter, reflecting demand. Check detailed insights for Europe and APAC.

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.

Get the latest insights on price movement and trend analysis of Hot Rolled Coil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

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%).

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Hot Rolled Steel Sheet and Strip, Including Tin Mill Products (WPU10170301) from Dec 2003 to Feb 2022 about tin, mills, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Hot Rolled Steel Bars, Plates, and Structural Shapes (WPS101704) from Jan 1988 to Sep 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Metals and Metal Products: Hot Rolled Steel Bars, Plates, and Structural Shapes was 256.52700 Index Jun 1982=100 in March of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Hot Rolled Steel Bars, Plates, and Structural Shapes reached a record high of 340.69900 in June of 2022 and a record low of 92.50000 in February of 2002. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Hot Rolled Steel Bars, Plates, and Structural Shapes - last updated from the United States Federal Reserve on November of 2025.

Get the latest insights on price movement and trend analysis of Hot Rolled Steel in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Explore the factors influencing U.S. hot rolled coil (HRC) prices in 2023, including demand fluctuations, global trade dynamics, and production costs. Understand the impact of supply chain disruptions, international market conditions, and geopolitical tensions on the steel industry.

Hot-Rolled Steel Products Price in Mexico - 2023. Find the latest marketing data on the IndexBox platform.

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.

View monthly updates and historical trends for US Producer Price Index: Metals and Metal Products: Hot Rolled Steel Bars, Plates, & Structural Shapes. fro…

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Cold Rolled Steel Sheet and Strip (WPU101707) from Jun 1982 to Sep 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Monthly and long-term steel (europe) price data (US$/mt): historical series and analyst forecasts curated by FocusEconomics.

Explore the dynamic factors influencing Hot Rolled Coil (HRC) prices in Europe, including demand-supply trends, energy costs, geopolitical tensions, and the shift towards sustainable manufacturing. Stay informed to strategize effectively in this volatile market.

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.

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.

During the second quarter of 2025, the average price of hot-rolled coil steel in the United States stood at *** U.S. dollars per metric ton. During the same period, the price in Europe was lower at *** U.S. dollars.

Hot Rolled Coil Steel Market size was valued at USD 195.26 Billion in 2024 and is projected to reach USD 275.1 Billion by 2032, growing at a CAGR of 4.83% during the forecast period 2026-2032.

Global Hot Rolled Coil Steel Market Drivers

Rising Demand from End-Use Industries: Hot rolled coil steel is used in a variety of industries, including automotive, construction, machinery manufacturing, and infrastructure. As industrialization progresses, especially in emerging markets, the demand for HRC steel has surged. The automotive sector, in particular, requires high-strength, lightweight materials to meet the increasing need for fuel-efficient and durable vehicles. Similarly, the construction industry demands HRC steel for structural beams, pipelines, and other construction materials. With rapid urbanization in developing countries, these industries continue to drive the demand for hot-rolled coil steel.

Economic Growth and Infrastructure Development: As global economies recover and grow, particularly in Asia and Africa, there is a significant push towards infrastructure development. Governments are investing heavily in large-scale construction projects such as highways, bridges, and residential complexes. These projects require vast quantities of steel, including hot-rolled coils, which are favored for their strength and versatility. For instance, India, China, and Southeast Asian countries are experiencing significant economic growth, further bolstering the demand for HRC steel.

Technological Advancements in Steel Manufacturing: The steel manufacturing industry is undergoing significant technological advancements, which improve the efficiency and cost-effectiveness of producing hot-rolled coil steel. Modern rolling mills with advanced control systems allow for higher precision in the manufacturing process, improving the quality and consistency of HRC steel. Innovations such as continuous casting and automated rolling processes reduce production costs, thus making HRC steel more affordable and accessible to industries across the globe. These advancements also contribute to a reduction in energy consumption, making the production process more sustainable.

China Settlement Price: Shanghai Future Exchange: Hot Rolled Coil: 1st Month data was reported at 3,302.000 RMB/Ton in Nov 2025. This records a decrease from the previous number of 3,534.000 RMB/Ton for Oct 2025. China Settlement Price: Shanghai Future Exchange: Hot Rolled Coil: 1st Month data is updated monthly, averaging 3,841.000 RMB/Ton from Mar 2014 (Median) to Nov 2025, with 141 observations. The data reached an all-time high of 6,019.000 RMB/Ton in May 2021 and a record low of 1,848.000 RMB/Ton in Dec 2015. China Settlement Price: Shanghai Future Exchange: Hot Rolled Coil: 1st 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.