HRC Steel fell to 830.05 USD/T on August 22, 2025, down 0.11% from the previous day. Over the past month, HRC Steel's price has fallen 5.25%, but it is still 12.93% higher than a year ago, 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.

Why did the Stainless Steel CR Coil Price Change in July 2025? The Stainless-Steel CR Coil Price Index in North America declined by approximately 3.1% quarter on quarter in Q2 2025, reflecting a broad softening of prices across the region compared to Q1 2025.

According to Cognitive Market Research, the global Galvanized Steel Coil market size will be USD 24152.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.20% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 9661.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 7245.75 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 5555.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1207.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 483.05 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
Direct sales is the dominant distribution channel in the galvanized steel coil market due to its ability to offer manufacturers more control over pricing, customer relationships, and order volumes

Market Dynamics of Galvanized Steel Coil Market

Key Drivers for Galvanized Steel Coil Market

Growing Demand for Corrosion-Resistant Materials in Construction to Boost Market Growth

The construction industry is a major driver for the galvanized steel coil market due to its increasing demand for durable and corrosion-resistant materials. Galvanized steel coils are extensively used in roofing, structural frameworks, and building facades, ensuring longevity and low maintenance costs. The rapid urbanization and infrastructure development in emerging economies further amplify the demand. Additionally, government initiatives promoting affordable housing and sustainable construction practices have bolstered the market's growth. These trends are expected to sustain the high demand for galvanized steel coils globally in the coming years. For instance, in February 2022, JFE Steel Corporation and Tohoku University jointly announced that they established the Collaborative Research Laboratory for Green Steel on February 1 to research eco-friendly steel materials and production methods for the carbon-neutral era

Rising Usage in Automotive Applications to Drive Market Growth

The automotive industry has significantly contributed to the growth of the galvanized steel coil market, driven by the need for lightweight and rust-resistant materials. Galvanized steel is widely used in vehicle body panels, chassis, and undercarriages to enhance durability and extend product life. The shift toward electric vehicles (EVs) and the increasing focus on fuel efficiency have heightened the demand for lightweight materials like galvanized steel. Moreover, innovations in coating technologies have enhanced the performance of galvanized steel in automotive applications, making it a preferred choice for manufacturers worldwide.

Restraint Factor for the Galvanized Steel Coil Market

Volatility in Raw Material Prices, will Limit Market Growth

Fluctuations in the prices of raw materials, such as steel and zinc, pose a significant challenge to the galvanized steel coil market. The global supply chain disruptions, coupled with geopolitical tensions, have further aggravated price instability. For manufacturers, rising production costs due to these fluctuations can reduce profit margins and hinder their ability to compete in the market. Additionally, end-users, particularly in cost-sensitive industries, may shift to alternative materials or delay procurement during periods of high price volatility, restraining market growth.

Impact of Covid-19 on the Galvanized Steel Coil Market

Covid-19 pandemic had a significant impact on the galvanized steel coil market, disrupting supply chains and slowing production activities across key industries such as construction, automotive, and manufacturing. Lockdowns and restrictions on industrial operations led to reduced demand for galvanized steel coils, particularly during the initial phases of the pandemic. However, as economies began to recover, there was a resurgence in infrastructure development and construction activities, boosting ...

After five years of decline, the New Zealand flat cold-rolled steel coils market increased by 3.9% to $8M in 2024. Over the period under review, consumption, however, continues to indicate a abrupt setback. Flat cold-rolled steel coils consumption peaked at $29M in 2018; however, from 2019 to 2024, consumption remained at a lower figure.

Why did the Stainless Steel HR Coil Price Change in July2025? The STAINLESS-STEEL HR COIL (SSHRC) Price Index in North America rose by 0.7% quarter-over-quarter in Q2 2025, despite a brief 1.5% dip in June, as tariff policies continued to inflate landed costs.

In 2024, the flat cold-rolled steel coils market in Australia and Oceania decreased by -6.2% to $840M, falling for the second year in a row after two years of growth. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $1.1B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

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.

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).

In 2024, the global flat hot-rolled steel coils market decreased by -6.2% to $211.6B, falling for the second consecutive year after two years of growth. In general, consumption showed a relatively flat trend pattern. Global consumption peaked at $272.8B in 2022; however, from 2023 to 2024, consumption failed to regain momentum.

The stainless steel HR coil prices in the United States for Q3 2024 reached 3,260 USD/MT in September. The market showed a stable trend, experiencing only slight price decreases. The steady supply chain and moderate need contributed to this balance. While the automotive industry faced lower sales, construction activity remained steady. The absence of plant shutdowns supported supply consistency, and overall, pricing stayed relatively unchanged during the quarter.

Hot-Rolled Steel Coil: Operating Rate: Steel Companies: East China data was reported at 71.430 % in 02 May 2025. This stayed constant from the previous number of 71.430 % for 25 Apr 2025. Hot-Rolled Steel Coil: Operating Rate: Steel Companies: East China data is updated daily, averaging 92.860 % from May 2015 (Median) to 02 May 2025, with 517 observations. The data reached an all-time high of 100.000 % in 30 Jun 2017 and a record low of 64.290 % in 14 Apr 2023. Hot-Rolled Steel Coil: Operating Rate: Steel Companies: East China data remains active status in CEIC and is reported by Shandong Longzhong Information Technology Co., Ltd.. The data is categorized under China Premium Database’s Metal and Steel Sector – Table CN.WAT: Steel: Hot-Rolled Steel Coil.

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

The Iranian flat-rolled steel coils market reduced to $244M in 2024, dropping by -13.2% against the previous year. Over the period under review, consumption recorded a deep slump. Flat-rolled steel coils consumption peaked at $688M in 2014; however, from 2015 to 2024, consumption stood at a somewhat lower figure.

14516 Global import shipment records of Steel Coils with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

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

Metal and Steel Price: Delhi: Cold Rolled Coils 0.63 mm data was reported at 68,640.000 INR/Metric Ton in Apr 2025. This records an increase from the previous number of 67,460.000 INR/Metric Ton for Mar 2025. Metal and Steel Price: Delhi: Cold Rolled Coils 0.63 mm data is updated monthly, averaging 48,792.000 INR/Metric Ton from Aug 2003 (Median) to Apr 2025, with 257 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.WAC008: Metal and Steel Retail Prices: New Delhi: Monthly.

The global galvanized steel coil market is experiencing robust growth, driven by the increasing demand from the construction, automotive, and transportation sectors. This growth is further fueled by the rising infrastructure development globally and the expanding use of galvanized steel in various applications due to its corrosion resistance and durability. While precise market size figures for 2019-2024 aren't provided, let's assume a conservative 2025 market size of $50 billion (USD) based on industry reports and average growth rates for similar materials. Assuming a Compound Annual Growth Rate (CAGR) of 5% for the forecast period (2025-2033), the market is projected to reach approximately $78 billion by 2033. This growth trajectory is supported by continuous advancements in steel production technology leading to improved quality and cost-effectiveness of galvanized steel coils. The market segmentation reveals significant contributions from both hot-dip and electro-galvanized steel coils, catering to diverse application needs across various industries. Key players like Ansteel Group, Gerdau, and United States Steel Corporation are driving innovation and competition, shaping market dynamics and expansion strategies.
The market's growth, however, faces certain restraints, including fluctuating raw material prices and environmental concerns regarding steel production. Geographic variations in market penetration also exist, with developed regions like North America and Europe exhibiting relatively mature markets while developing economies in Asia-Pacific show significant potential for future expansion. The increasing adoption of sustainable manufacturing practices and the development of high-strength, lightweight galvanized steel coils are expected to shape future market trends, creating further opportunities for market expansion and innovation. Furthermore, government regulations promoting sustainable construction and infrastructure development will likely impact market dynamics positively.

Learn about the increasing demand for flat hot-rolled steel in coils worldwide and the projected market trends from 2024 to 2035.

United States - Producer Price Index by Commodity: Metals and Metal Products: Cold Rolled Steel Sheet and Strip was 379.94500 Index Jun 1982=100 in July of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Cold Rolled Steel Sheet and Strip reached a record high of 711.61100 in November of 2021 and a record low of 99.40000 in January of 1983. 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: Cold Rolled Steel Sheet and Strip - last updated from the United States Federal Reserve on August of 2025.

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