Track real-time and historical hot rolled coil prices across global regions. Updated monthly with market insights, drivers, and forecasts.
Region | Price (USD/KG) | Latest Movement |
---|---|---|
Northeast Asia | 0.47 | 4.7% ↑ Up |
Europe | 0.67 | -4.5% ↓ Down |
India | 0.65 | -6.1% ↓ Down |
North America | 0.93 | -5.3% ↓ Down |
The chart below highlights monthly hot rolled coil prices across different regions.
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Northeast Asia: Hot rolled coil prices in Northeast Asia increased as demand strengthened from the automotive and construction industries. The hot rolled coil price index reflected upward momentum, supported by higher crude steel production and tighter supply due to scheduled mill maintenance. Strong export demand also provided price support, while shipping constraints elevated freight rates, raising procurement costs. Seasonal restocking by downstream manufacturers further contributed to price firming. Overall, balanced supply-demand dynamics and increased industrial consumption drove prices higher in the region.
Europe: In Europe, hot rolled coil prices declined as weaker demand from the construction and manufacturing sectors weighed on the market. The hot rolled coil price index fell as import competition from Asia pressured domestic mills, forcing price adjustments. Economic uncertainty and slower infrastructure activity further dampened buying interest. Higher energy costs for steelmaking persisted but were insufficient to offset softer demand fundamentals. Distributors maintained cautious purchasing strategies, leading to reduced transaction volumes and downward pressure on regional prices this quarter.
India: Hot rolled coil prices in India dropped significantly due to sluggish demand from infrastructure and automotive sectors. The hot rolled coil price index reflected a bearish trend as oversupply from domestic mills coincided with reduced buying interest during the monsoon season. Export opportunities were limited by competitive global pricing, curbing external demand. Rising inventories at mills pressured sellers to cut prices to stimulate sales. Logistical challenges during the rainy season also disrupted transport, further impacting market sentiment and driving prices lower.
North America: In North America, hot rolled coil prices moved downward, driven by weaker end-user demand and rising imports from overseas suppliers. The hot rolled coil price index declined as mill production outpaced consumption, creating excess availability in the market. The automotive sector saw slower order flows, while construction activity faced seasonal constraints. Higher energy and labor costs at mills continued to pressure margins, but competitive import offers dictated price direction. Buyers adopted wait-and-see approaches, contributing to subdued market activity and declining prices this quarter.
IMARC's latest publication, “Hot Rolled Coil Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the hot rolled coil market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of hot rolled coil at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed hot rolled coil prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and . The factors affecting hot rolled coil pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
The global hot rolled coil market size reached 314.40 Million Tons in 2024. By 2033, industry analysts expect the market to reach 479.44 Million Tons, reflecting a projected CAGR of 4.56% during 2025-2033. Growth is being driven by rising infrastructure development, increasing demand from the automotive and machinery sectors, and expanding urbanization in emerging economies. Technological advancements in steelmaking and sustained demand from downstream industries continue to reinforce market expansion.
Hot rolled coil (HRC) is a flat steel product produced by rolling slabs of steel at high temperatures above the recrystallization point. This process gives the steel enhanced ductility and formability, making it suitable for a wide range of applications. HRC typically has a rougher surface finish compared to cold rolled steel but is more cost-effective to produce. It is widely used in construction, shipbuilding, pipelines, automotive manufacturing, and heavy machinery. Key properties include high strength, weldability, and adaptability for further processing into sheets, plates, or pipes. Its versatility ensures that HRC remains a fundamental raw material for global industrial and infrastructure projects.
Key Attributes | Details |
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Product Name | Hot Rolled Coil |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Hot Rolled Coil Price Analysis, and Segment-Wise Assessment. |
Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
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Customization Scope | The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
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Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
The hot rolled coil prices in August 2025 were 0.47 USD/Kg in Northeast Asia, 0.67 USD/Kg in Europe, 0.65 USD/Kg in India, and 0.93 USD/Kg in North America.
The hot rolled coil prices data is updated on a monthly basis.
We provide the pricing data primarily in the form of an Excel sheet and a PDF.
Yes, our report includes a forecast for hot rolled coil prices.
The regions covered include North America, Europe, Asia Pacific, Middle East, and Latin America. Countries can be customized based on the request (additional charges may be applicable).
Yes, we provide both FOB and CIF prices in our report.
IMARC offers trustworthy, data-centric insights into commodity pricing and evolving market trends, enabling businesses to make well-informed decisions in areas such as procurement, strategic planning, and investments. With in-depth knowledge spanning more than 1000 commodities and a vast global presence in over 150 countries, we provide tailored, actionable intelligence designed to meet the specific needs of diverse industries and markets.
1000
+Commodities
150
+Countries Covered
3000
+Clients
20
+Industry
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