HRC Steel fell to 1,108.11 USD/T on April 24, 2026, down 0.08% from the previous day. Over the past month, HRC Steel's price has risen 4.24%, and is up 24.93% 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.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Hot Rolled Steel Bars, Plates, and Structural Shapes (WPU101704) from Jun 1982 to Mar 2026 about 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 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.

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 April of 2026.

Hot Rolled Coil Prices in Feb 2026: USA $1074/MT and India $595/MT. Track MoM, YoY trends, historical graph, and steel market outlook.

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.

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

In Q4 2025, North America, the Hot Rolled Coils Price Index rose by 3.72% quarter-over-quarter, supported by tighter domestic availability. Check detailed insights for Europe and APAC.

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…

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.

Metal and Steel Price: Delhi: Hot Rolled Coils 2.50 mm data was reported at 62,540.000 INR/Metric Ton in Mar 2026. This records a decrease from the previous number of 63,040.000 INR/Metric Ton for Feb 2026. Metal and Steel Price: Delhi: Hot Rolled Coils 2.50 mm data is updated monthly, averaging 42,067.000 INR/Metric Ton from Aug 2003 (Median) to Mar 2026, with 268 observations. The data reached an all-time high of 87,910.000 INR/Metric Ton in Apr 2022 and a record low of 21,000.000 INR/Metric Ton in Oct 2003. Metal and Steel Price: Delhi: Hot Rolled Coils 2.50 mm data remains active status in CEIC and is reported by Joint Plant Committee. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC: Metal and Steel Retail Prices: New Delhi: Monthly. [COVID-19-IMPACT]

Hot Rolled Coil Steel Market Outlook 2025-2034

The global hot rolled coil steel market was valued at $387.4 billion in 2025 and is projected to reach $572.8 billion by 2034, expanding at a compound annual growth rate (CAGR) of 4.4% during the forecast period from 2026 to 2034, driven by sustained demand across construction, automotive, industrial machinery, and energy infrastructure sectors worldwide. Hot rolled coil (HRC) steel, produced by rolling steel slabs at temperatures exceeding 1,700 degrees Fahrenheit, is one of the most versatile and widely consumed flat steel products globally, valued for its cost-effectiveness, mechanical strength, and suitability across heavy-duty fabrication applications. The market's expansion is underpinned by a robust pipeline of infrastructure projects in emerging economies, structural shifts in automotive design toward lighter yet stronger steel alloys, and massive investments in renewable energy installations that require large volumes of structural and precision-grade steel.

The construction sector continues to be the most significant demand driver for hot rolled coil steel, accounting for approximately 38.6% of global consumption in 2025. Rapid urbanization across Asia, Africa, and Latin America is spurring unprecedented demand for residential complexes, commercial real estate, transport networks, and utilities infrastructure. Governments in India, Southeast Asia, and sub-Saharan Africa have committed multi-billion-dollar national infrastructure programs, with India's National Infrastructure Pipeline alone targeting over $1.4 trillion in capital spending through 2030. These programs directly translate into procurement of structural steel sections, reinforcement bars, and flat-rolled HRC products. In parallel, post-pandemic economic recovery initiatives in North America and Europe, including the U.S. Infrastructure Investment and Jobs Act worth $1.2 trillion and the European Union's REPowerEU plan, are generating incremental demand for high-strength hot rolled coil grades used in bridges, pipelines, and industrial facilities. The automotive sector further contributes to market momentum as electric vehicle platforms increasingly incorporate advanced high-strength steel (AHSS) and ultra-high-strength steel (UHSS) grades derived from hot rolled coil substrates, enabling lightweight construction while meeting stringent safety standards. Additionally, the global push toward renewable energy, particularly wind and solar, has created new consumption pathways for hot rolled coil steel in tower structures, monopiles, and mounting systems. Concurrently, ongoing digitalization of steelmaking through Industry 4.0 technologies, electric arc furnace (EAF) adoption, and hydrogen-based direct reduction methods are reshaping the supply-side landscape, improving quality consistency and enabling production of thinner, more precise hot rolled coil gauges that unlock premium application segments.

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

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% from 2026 to 2032.Global Hot Rolled Coil Steel Market DriversRising 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.

Metal and Steel Price: Delhi: Hot Rolled Coils 2.00 mm data was reported at 63,530.000 INR/Metric Ton in Mar 2026. This records a decrease from the previous number of 64,020.000 INR/Metric Ton for Feb 2026. Metal and Steel Price: Delhi: Hot Rolled Coils 2.00 mm data is updated monthly, averaging 43,500.000 INR/Metric Ton from Aug 2003 (Median) to Mar 2026, with 268 observations. The data reached an all-time high of 88,950.000 INR/Metric Ton in Apr 2022 and a record low of 22,000.000 INR/Metric Ton in Oct 2003. Metal and Steel Price: Delhi: Hot Rolled Coils 2.00 mm data remains active status in CEIC and is reported by Joint Plant Committee. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC: Metal and Steel Retail Prices: New Delhi: Monthly. [COVID-19-IMPACT]

Metal and Steel Price: Delhi: Hot Rolled Coils 3.15 mm data was reported at 62,350.000 INR/Metric Ton in Mar 2026. This records an increase from the previous number of 62,250.000 INR/Metric Ton for Feb 2026. Metal and Steel Price: Delhi: Hot Rolled Coils 3.15 mm data is updated monthly, averaging 41,833.000 INR/Metric Ton from Aug 2003 (Median) to Mar 2026, with 268 observations. The data reached an all-time high of 88,250.000 INR/Metric Ton in Apr 2022 and a record low of 20,800.000 INR/Metric Ton in Oct 2003. Metal and Steel Price: Delhi: Hot Rolled Coils 3.15 mm data remains active status in CEIC and is reported by Joint Plant Committee. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC: Metal and Steel Retail Prices: New Delhi: Monthly.

Global Hot Rolled Steel market size 2025 was XX Million. Hot Rolled Steel Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Analysis of Europe's hot-rolled steel products market, covering consumption, production, trade, and forecasts to 2035, including key country-level data and price trends.

Analysis of the Latin America and Caribbean hot-rolled steel products market, covering consumption, production, trade, and forecasts to 2035. Key data on Brazil, Argentina, Mexico, and other major countries.