Hot Rolled Steel Coil Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2026 Edition
Hot Rolled Steel Coil Price Trend, Index and Forecast
Track the latest insights on hot rolled steel coil price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.
Hot Rolled Steel Coil Prices Outlook Q2 2026
- USA: USD 1220/MT
- Malaysia: USD 583/MT
- Germany: USD 792/MT
- France: USD 881/MT
- Canada: USD 1234/MT
Hot Rolled Steel Coil Price Chart
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During the second quarter of 2026, the hot rolled steel coil prices in the USA reached 1220 USD/MT in June. The market witnessed an upward price movement due to firm domestic demand from construction, automotive, and industrial manufacturing sectors. Supply conditions remained supportive of higher pricing as producers managed output levels amid balanced inventories. Raw material cost movements, especially for iron ore and steelmaking inputs, contributed to increased production costs.
During the second quarter of 2026, the hot rolled steel coil prices in Malaysia reached 583 USD/MT in June. Prices increased as regional demand conditions improved across manufacturing and construction industries. Higher production costs and firmer input expenses supported upward price adjustments among producers. Market participants observed stable buying interest from industrial consumers, which helped prevent downward pressure on prices.
During the second quarter of 2026, the hot rolled steel coil prices in Germany reached 792 USD/MT in June. Prices moved higher as European steel markets experienced improved purchasing activity and better demand from industrial sectors. Higher energy and raw material expenses contributed to increased production costs for steel manufacturers. Supply management by producers supported firmer market conditions, while buyers remained active to secure material availability.
During the second quarter of 2026, the hot rolled steel coil prices in France reached 881 USD/MT in June. The market recorded price growth due to stronger industrial demand and improved procurement activity. Higher input costs placed upward pressure on steel production expenses, encouraging producers to revise offers. Construction and manufacturing sectors supported consumption, while controlled supply conditions helped maintain positive pricing momentum.
During the second quarter of 2026, the hot rolled steel coil prices in Canada reached 1234 USD/MT in June. Prices increased due to stronger demand from infrastructure, manufacturing, and industrial sectors. Higher raw material costs and production expenses supported upward pricing adjustments by steel suppliers. Domestic supply management and procurement activity from key consuming industries influenced market conditions. Regional trade movements also affected availability and buyer strategies.
Hot Rolled Steel Coil Prices Outlook Q1 2026
- USA: USD 1133/MT
- Malaysia: USD 561/MT
- Germany: USD 761/MT
- France: USD 847/MT
- Canada: USD 1158/MT
During the first quarter of 2026, the hot rolled steel coil prices in the USA reached 1133 USD/MT in March. The market experienced a noticeable upward trend supported by strong demand from the construction and automotive sectors. Domestic production remained controlled, while supply tightened due to steady consumption levels. Buyers increased procurement to meet ongoing project requirements, contributing to firm market sentiment.
During the first quarter of 2026, the hot rolled steel coil prices in Malaysia reached 561 USD/MT in March. The market observed a slight decline influenced by sufficient supply and moderated demand from manufacturing sectors. Production levels remained stable, ensuring adequate material availability. The combination of steady supply and subdued demand resulted in a mild downward trend during the quarter.
During the first quarter of 2026, the hot rolled steel coil prices in Germany reached 761 USD/MT in March. The market recorded a steady increase driven by firm demand from automotive and industrial sectors. Production levels remained controlled, while supply conditions tightened due to consistent consumption. Import volumes remained stable, preventing excess availability.
During the first quarter of 2026, the hot rolled steel coil prices in France reached 847 USD/MT in March. The market experienced a moderate price increase supported by stable demand from construction and manufacturing industries. Domestic supply remained controlled, while consistent consumption ensured steady market activity. Import flows remained balanced, preventing oversupply conditions.
During the first quarter of 2026, the hot rolled steel coil prices in Canada reached 1158 USD/MT in March. The market observed a consistent upward trend driven by strong demand from infrastructure and manufacturing sectors. Buyers maintained regular procurement to ensure supply continuity. Additionally, firm operational and transportation costs contributed to price increases. Overall, stable demand and controlled supply supported sustained upward pricing trends during the quarter.
Hot Rolled Steel Coil Price Outlook Q1 2025
- USA: USD 1212/MT
- China: USD 558/MT
- Germany: USD 806/MT
Regional Coverage
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing hot rolled steel coil prices.
Europe Hot Rolled Steel Coil Price Trend
Q2 2026:
The hot rolled steel coil price index in Europe showed an upward movement, supported by improved industrial consumption and higher manufacturing activity. Germany and France experienced price increases as steel producers responded to stronger demand from automotive, construction, and engineering sectors. Higher production expenses, including energy and raw material costs, influenced pricing decisions across the region. Supply management by mills helped maintain market balance and supported firmer offers. Import availability and regional trade conditions also affected buyer strategies. European steel consumers continued monitoring inventory levels and procurement requirements, which contributed to steady market activity.
Q1 2026:
The hot rolled steel coil price index in Europe showed a steady upward trend supported by firm demand from the automotive and construction sectors. Production levels remained controlled, while supply tightened due to consistent consumption across key markets. Import availability remained stable, preventing excess supply. Rising energy and operational costs further supported price increases. Buyers maintained steady procurement strategies to support ongoing industrial activity. The market environment remained balanced, with demand slightly exceeding supply, contributing to gradual price growth across the region.
Detailed price information for hot rolled steel coil can also be provided for an extensive list of European countries.
| Region | Countries Covered |
|---|---|
| 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, among other European countries. |
North America Hot Rolled Steel Coil Price Trend
Q2 2026:
The hot rolled steel coil price index in North America increased as domestic consumption remained firm across construction, infrastructure, and manufacturing sectors. The USA and Canada recorded higher prices due to supportive demand conditions and increased production expenses. Steel producers adjusted offers in response to raw material cost movements and supply management practices. Industrial buyers maintained purchasing activity to secure material availability, supporting market confidence. Trade developments and regional supply conditions also influenced price direction. The combination of stable demand, controlled inventories, and higher manufacturing costs contributed to stronger hot rolled steel coil pricing across North America during the quarter.
Q1 2026:
The hot rolled steel coil price index in North America reflected moderate growth driven by strong demand from the infrastructure and manufacturing sectors. Domestic production remained stable, while supply conditions tightened due to steady consumption. Import activity remained controlled, supporting balanced availability. Buyers maintained consistent procurement patterns to ensure supply continuity. Additionally, firm logistics and operational costs contributed to upward price movement. Overall, stable demand and controlled supply supported a positive pricing trend throughout the quarter.
Specific data on hot rolled steel coil prices within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Hot Rolled Steel Coil Price Trend
Q2 2026:
According to the hot rolled steel coil price chart, supply chain disruptions, seasonal changes in demand, and geopolitical pressures were the primary drivers of price volatility in the Middle East and Africa.
Q1 2026:
According to the hot rolled steel coil price chart, prices in the Middle East and Africa exhibited fluctuations due to a combination of factors, mainly influenced by supply chain disruptions, changing seasonal demand patterns, and ongoing geopolitical developments.
Region-wise data and information on specific countries within these regions can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Hot Rolled Steel Coil Price Trend
Q2 2026:
The Asia Pacific hot rolled steel coil market recorded gradual price improvement, supported by demand from manufacturing, construction, and infrastructure sectors. Malaysia and other regional markets experienced firmer pricing due to improved consumption patterns and controlled supply availability. Production cost movements influenced offers from steel producers, while regional trade conditions affected purchasing decisions. Market participants monitored inventory levels and adjusted procurement strategies according to demand requirements. Industrial recovery and steady downstream consumption supported market confidence. The balance between supply availability and buyer demand contributed to a moderate increase in hot rolled steel coil prices across Asia Pacific during the quarter.
Q1 2026:
In the Asia Pacific region, hot rolled steel coil prices during the period showed a downward trend driven by excess supply and weakened demand from manufacturing and construction sectors. Production levels remained high across key economies, resulting in ample material availability and increased inventory levels. At the same time, consumption from industrial sectors slowed, reducing market absorption capacity. Export demand remained limited, further contributing to oversupply conditions. Buyers adopted cautious procurement strategies, delaying purchases in anticipation of further price corrections, which reinforced the declining pricing trend across the region.
This analysis can be expanded to include detailed hot rolled steel coil prices for a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Hot Rolled Steel Coil Price Trend
Q2 2026:
The market for hot rolled steel coil in Latin America is primarily driven by the region's abundant natural resources, particularly in Chile and Brazil. However, the price of hot rolled steel coil may change dramatically due to political uncertainty and varying regulatory regimes.
Q1 2026:
The abundance of natural resources in Latin America, particularly in important nations like Chile and Brazil, greatly influences the continent's hot rolled steel coil industry. However, political unpredictability and differing regulatory regimes frequently cause swings in hot rolled steel coil prices, which lead to market instability.
This comprehensive review can be extended to include specific countries within Latin America.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Hot Rolled Steel Coil Pricing Report, Market Analysis, and News
IMARC's latest publication, “Hot Rolled Steel Coil Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2026 Edition,” presents a detailed examination of the hot rolled steel coil market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of hot rolled steel coil at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed hot rolled steel coil prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting hot rolled steel 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.
Hot Rolled Steel Coil Industry Analysis
The global hot rolled steel coil market size reached 329.2 Million Tons in 2025. By 2034, IMARC Group expects the market to reach 483.4 Million Tons, at a projected CAGR of 4.19% during 2026-2034. The market is primarily driven by strong demand from construction and automotive sectors, increasing infrastructure development activities, and rising industrial production.
Latest News and Developments:
- May 2024: ArcelorMittal started the construction of an electric arc furnace (EAF) for long products at its Gijon plant, which is expected to produce its first heat in the first quarter of 2026. This investment of Euro213 million will be the first major EAF project to be implemented within the company’s decarbonization program in Europe and will constitute the first step towards low-carbon emissions steelmaking in Asturias.
- January 2024: DRI production started at China’s leading steel producer Baosteel Zhanjiang Iron & Steel (part of Baowu), in the Guangdong Province. Featuring Energiron ZR – Zero Reformer technology the new plant will produce 1 Mpty of quality DRI by using natural gas, coke-oven gas, and hydrogen.
Product Description
Hot rolled steel coil is a flat steel product manufactured by rolling steel at high temperatures above its recrystallization point. It is primarily composed of iron with controlled amounts of carbon and alloying elements such as manganese, silicon, and other additives to improve strength and durability. The product offers high formability, weldability, and structural strength, making it suitable for heavy industrial applications. Hot rolled steel coils are widely used in construction materials, automotive components, machinery, pipelines, shipbuilding, and general fabrication. The manufacturing process allows efficient production of large steel volumes with varied thickness and specifications. Its cost effectiveness and mechanical properties make it a preferred material across infrastructure, transportation, energy, and industrial manufacturing sectors.
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Hot Rolled Steel Coil |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, 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 |
|
| 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
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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:
- IMARC’s report presents a detailed analysis of hot rolled steel coil pricing, covering global and regional trends, spot prices at key ports, and a breakdown of ex-works, FOB, and CIF prices.
- The study examines factors affecting hot rolled steel coil price volatility, including supply-demand shifts and geopolitical impacts, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights, ensuring they remain at the forefront of the hot rolled steel coil industry.
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