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 Q3 2025, North America, the Stainless Steel HR Coil Price Index fell by 0.47% quarter-over-quarter, reflecting tariff burdens and weak end-user demand. Check detailed insights for Europe and APAC.

In 2024, the flat cold-rolled steel coils market in Australia and Oceania decreased by -6.2% to $840M, falling for the second consecutive year after two years of growth. Over the period under review, consumption, however, saw 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 remained at a lower figure.

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).

The French flat cold-rolled steel coils market rose markedly to $382M in 2024, picking up by 6.2% against the previous year. Overall, consumption, however, showed a slight curtailment. As a result, consumption attained the peak level of $514M. From 2018 to 2024, the growth of the market remained at a somewhat lower figure.

According to Cognitive Market Research, the global Galvanized Steel Coil market size was 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 the ...

Metal and Steel Price: Delhi: Cold Rolled Coils 1.00 mm data was reported at 67,850.000 INR/Metric Ton in Apr 2025. This records an increase from the previous number of 66,080.000 INR/Metric Ton for Mar 2025. Metal and Steel Price: Delhi: Cold Rolled Coils 1.00 mm data is updated monthly, averaging 48,690.000 INR/Metric Ton from Aug 2003 (Median) to Apr 2025, with 257 observations. The data reached an all-time high of 94,990.000 INR/Metric Ton in Apr 2022 and a record low of 24,300.000 INR/Metric Ton in Oct 2003. Metal and Steel Price: Delhi: Cold Rolled Coils 1.00 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.WAC008: Metal and Steel Retail Prices: New Delhi: Monthly.

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.

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.

In 2024, the Peruvian flat cold-rolled steel coils market increased by 29% to $82M for the first time since 2021, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a perceptible decline. Flat cold-rolled steel coils consumption peaked at $150M in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.

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.

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.

3743 Global import shipment records of Steel Coils with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Discover the booming hot rolled steel coil market! Explore detailed market analysis, including a projected 5% CAGR, regional breakdowns, key players like ArcelorMittal and China Baowu, and future trends shaping this vital industry through 2033. Get insights into market size and growth projections.

After two years of decline, the Italian flat cold-rolled steel coils market increased by 15% to $1.8B in 2024. In general, consumption recorded a temperate increase. As a result, consumption reached the peak level of $2.5B. From 2022 to 2024, the growth of the market failed to regain momentum.

In Q3 2025, North America, the Cold Rolled Coil Price Index fell by 6.32% quarter-over-quarter, reflecting persistent oversupply. Check detailed insights for Europe, South America and APAC.

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

The global Steel Coil Slitting Service market is poised for significant expansion, projected to reach approximately USD 35 billion in 2025 and continue its robust growth trajectory. Driven by a compound annual growth rate (CAGR) of 6.5% throughout the forecast period of 2025-2033, the market's value is estimated to reach over USD 60 billion by the end of the forecast horizon. This substantial growth is underpinned by the increasing demand for precisely cut steel coils across a multitude of industries. The automotive sector, a primary consumer, relies heavily on slitted steel coils for manufacturing vehicle components, benefiting from the precision and customization offered by these services. Similarly, the construction industry's continuous need for steel for structural elements and finishing materials, alongside the burgeoning appliance manufacturing sector's demand for varied steel dimensions, are key accelerators for market expansion. The electronics industry also contributes to this demand, requiring specialized steel for intricate components. Further bolstering this market's growth are several prevailing trends. The increasing adoption of advanced slitting technologies, such as automated and laser-guided systems, enhances efficiency, accuracy, and reduces material waste, thereby improving cost-effectiveness for end-users. A notable trend is the growing preference for custom slitting services, allowing manufacturers to procure steel coils with exact specifications, minimizing downstream processing and lead times. The expanding global manufacturing base, particularly in emerging economies, is also a significant driver, leading to increased localized demand for steel coil processing. However, challenges such as fluctuating raw material prices for steel and the capital-intensive nature of advanced slitting equipment can pose restraint to rapid market penetration in certain segments. Despite these, the overall outlook for the steel coil slitting service market remains exceptionally positive, driven by industrial necessity and technological advancements.

Metal and Steel Price: Mumbai: Cold Rolled Coils 0.63 mm data was reported at 66,150.000 INR/Metric Ton in Nov 2025. This records a decrease from the previous number of 66,740.000 INR/Metric Ton for Oct 2025. Metal and Steel Price: Mumbai: Cold Rolled Coils 0.63 mm data is updated monthly, averaging 49,744.000 INR/Metric Ton from Aug 2003 (Median) to Nov 2025, with 264 observations. The data reached an all-time high of 103,330.000 INR/Metric Ton in Apr 2022 and a record low of 27,750.000 INR/Metric Ton in Oct 2003. Metal and Steel Price: Mumbai: 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: Mumbai: Monthly.

In 2024, the Indian flat hot-rolled steel coils market decreased by -5.9% to $20.5B, falling for the second consecutive year after two years of growth. Overall, the total consumption indicated a modest expansion from 2012 to 2024: its value increased at an average annual rate of +1.4% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -22.1% against 2022 indices.