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.

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.

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.

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).

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.

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 Sep 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

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.

Metal and Steel Price: Delhi: Cold Rolled Coils 0.63 mm data was reported at 59,590.000 INR/Metric Ton in Nov 2025. This records a decrease from the previous number of 61,560.000 INR/Metric Ton for Oct 2025. Metal and Steel Price: Delhi: Cold Rolled Coils 0.63 mm data is updated monthly, averaging 50,782.000 INR/Metric Ton from Aug 2003 (Median) to Nov 2025, with 264 observations. The data reached an all-time high of 96,760.000 INR/Metric Ton in Apr 2022 and a record low of 25,300.000 INR/Metric Ton in Oct 2003. Metal and Steel Price: Delhi: Cold Rolled Coils 0.63 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.

Metal and Steel Price: Delhi: Blooms 150x150 mm data was reported at 57,620.000 INR/Metric Ton in Dec 2021. This records a decrease from the previous number of 58,020.000 INR/Metric Ton for Nov 2021. Metal and Steel Price: Delhi: Blooms 150x150 mm data is updated monthly, averaging 38,840.000 INR/Metric Ton from Aug 2003 (Median) to Dec 2021, with 200 observations. The data reached an all-time high of 58,780.000 INR/Metric Ton in Oct 2021 and a record low of 17,000.000 INR/Metric Ton in Nov 2003. Metal and Steel Price: Delhi: Blooms 150x150 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.

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

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

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.

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

Korea PPI: Commodities: MI: BM: IS: HR: Hot Rolled Steel Coil, Wide data was reported at 235.200 2000=100 in May 2008. This stayed constant from the previous number of 235.200 2000=100 for Apr 2008. Korea PPI: Commodities: MI: BM: IS: HR: Hot Rolled Steel Coil, Wide data is updated monthly, averaging 79.390 2000=100 from Jan 1970 (Median) to May 2008, with 461 observations. The data reached an all-time high of 235.200 2000=100 in May 2008 and a record low of 17.850 2000=100 in Jun 1971. Korea PPI: Commodities: MI: BM: IS: HR: Hot Rolled Steel Coil, Wide data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s Korea – Table KR.I038: Producer Price Index: Commodities: 2000=100.

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