Since our foundation in 1969, we have consistently invested in primary research capability and robust transparent methodologies – including in prices. United Kingdom Consequently, input costs for many steel-consuming industries have fluctuated dramatically. Projected hrc steel prices worldwide between 2018 and 2020 (in U.S. dollars per metric ton) [Graph]. If you continue without changing your settings, we will assume you are happy to receive all cookies on CRUgroup.com. As a Premium user you get access to the detailed source references and background information about this statistic. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Clear, concise monthly steel reviews offering detailed market analysis of flat and long products in 28 countries. Amid the subdued demand growth from construction, infra, mechanical and metal sectors and automobile, the push in prices comes from China. It dropped to $440 for the second quarter and briefly approached $420. Market participants observed that the tightening of production restrictions on Tangshan steelmakers, as well as the further resumption of steel demand, would stimulate the prices to rise, going forward. You need a Single Account for unlimited access. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Protect margins, hedge physical positions, offer floating and fixed price physical transactions, and mitigate price risk more effectively with HRC Steel futures and options. New, Figures and insights about the advertising and media world, Industry Outlook We use cookies to ensure that we give you the best experience on our website. DOMESTIC HOT-ROLLED COIL STEEL (NYMEX:HRC) Price Charts and Quotes for Futures, Commodities, Stocks, Equities, Foreign Exchange - INO.com Markets contract, China 64% Fe fines CFR (BR orig.) Main Content (access key = s) Secondary Content; ... Home News Steel US HRC price tops $64/cwt for 2nd day in row. April 20, 2019. The HRC Steel contract is settled against industry-approved price indices, disseminated by a respected price … Projected hrc steel prices worldwide between 2018 and 2020 (in U.S. dollars per metric ton), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, sixth largest category of Chinese export goods. Platts TSI US HRC, Ex-Works Indiana assessment is the daily price benchmark for physical hot rolled coil delivered in the US Midwest region. Indian steel prices to soften in the near term: Analysts 09 Feb, 2021, 10.32 PM IST. Steel prices have become extremely volatile in all global markets. SteelBenchmarkerTM Report #358 ENGLEWOOD CLIFFS, NJ – The bi-monthly SteelBenchmarkerTM World Export HRB price was up at $783 per tonne after being unchanged in the last report. "Projected hrc steel prices worldwide between 2018 and 2020 (in U.S. dollars per metric ton)." Please do not hesitate to contact me. The US HRC index has surged nearly $570/st since the end of July, marching closer to the all-time high of $1,075/st reached in 2008. Published by Statista Research Department, Feb 8, 2021 Hot-rolled coil (hrc) steel prices are projected to be around 539 U.S. dollars per metric ton in 2019. HRC prices in Europe remain below those in the United States but - unlike domestic tags - have been trending upward. https://www.statista.com/statistics/214246/world-steel-prices Domestic steel … China is the world's largest producer, consumer and exporter of steel. Significant liquidity in the HRC market along with its importance as a raw material for manufacturers makes this a critical material with consistent volatility in its physical markets. This statistic represents the average annual market price for HRC (hot rolled coil) steel from 2010 through 2016, by major market. Chemical and mechanical tolerances are based on ASTM A 1011-06a Commercial Type B. Mar 10 Imports/Exports. Sheet price in the United States has more than doubled since mid-2020 and just set a new all-time-record high. Minimum price fluctuation: Venue: Outright : Carries : LMEselect : $0.50 : $0.01 : Telephone: $0.01 : $0.01 : Termination of trading: Last LME business day of the contract month: Daily settlement procedure: LME Trading Operations will calculate daily settlement values based on its published procedure: Final settlement price … "Projected Hrc Steel Prices Worldwide between 2018 and 2020 (in U.S. CRU Events creates industry leading commercial and technical events for the global commodity markets. Spot-market buyers struggle to secure material and mills’ lead times are shifting into the third quarter of the year. The data goes back to 2010 and provides forecasts out to 2023. The United States HRB price for … Fastmarkets’ daily steel hot-rolled coil index, fob mill US was calculated at $61.85 per hundredweight ($1,237 per short ton) on Thursday February 25, up by 0.67% from $61.44 per cwt on Wednesday February 24 and 2.62% higher than $60.27 per cwt one week earlier. CRU's unique services are the product of both our in-depth understanding of the markets and close contact with our customers. Track, chart, compare and export 950+ global metal, steel and scrap prices with Fastmarkets MB's pricing analysis tool. Price Book. Mr Jerome Williams, Steel Dynamics, Inc. Platts gives me a global perception on what is going on in the market… It is a powerful tool for negotiating steel prices. ", DBS Group Research, Projected hrc steel prices worldwide between 2018 and 2020 (in U.S. dollars per metric ton) Statista, https://www.statista.com/statistics/214246/world-steel-prices/ (last visited March 14, 2021), Projected hrc steel prices worldwide between 2018 and 2020, CAGR of the automotive lightweight material market by type 2017-2025, Lightweight materials global market value by type 2017 & 2023, Automotive composites - global market size 2025, Global transportation CO2 emission share by subsector 2050, Global per capita GHG emissions from the transportation industry by key country 2017, SUV sales share in selected markets worldwide 2010-2018, Distribution of global carbon fiber production capacity by country 2018, World hrc benchmark steel prices 2018-2020, Light vehicles in North America: curb weight reduction 2008-2020, Aluminum use: net pounds per light vehicle in North America 1975-2028, North American automotive aluminum use by component: 2026, U.S. & Canadian cars: plastic and polymer composite weight 2007-2017, Fuel economy levels - light-duty vehicles by type in the U.S. 2017-19, Emission levels - U.S. light-duty vehicles by type 2017-2019, United States light vehicle sales by type 2020, Hot rolled steel plates: global production by region 2015, Hot rolled steel plates: global production 2018, Hot rolled steel products - global production 2007-2018, EU: Major producers output of hot rolled coil from 2010-2018, Production of hot rolled steel products in Poland from 2009 to 2019, Ukrainian production of hot rolled steel products 2009-2019, EU: producers output of hot rolled plates from 2010-2018, Production of hot rolled steel products in North America 2000-2018, Hot rolled steel products - production in the U.S. 2000-2019, EU-28: major producers output of wire rod 2010-2018, EU: Major producers output of hot rolled flat products 2010-2018, Hot rolled steel products - production in Canada 2000-2019, Production of hot rolled steel products in the United Kingdom (UK) from 2004 to 2018, Austria: Hot rolled steel production 2009-2018, Steel demand by sector - United States as of 2018, EU28: production value of stainless steel tubes and pipes 2008-2015, Iron or steel cold-formed or finished sections: sales volume in the UK 2008-2017, Steel disc and wave springs: sales value in the United Kingdom (UK) 2008-2014, Industry revenue of »manufacture of other first steel processing products« in Ireland 2011-2023, Export share of steel products in Vietnam 2018, by type. Advice and strategies on decarbonisation and emissions reporting challenges. Vietnam imported HRC prices up on recent Indian deals. New, Everything you need to know about the industry development, Find studies from all around the internet. Statista. It provides all hot-rolled coil (HRC) market data in Excel dashboard where the users can easily slice and dice or plug-in the data into their in-house models. Fastmarkets’ steel hot-rolled coil index, exw Northern Europe averaged $433.99 per ton last month, up by 7.6% from $403.28 per ton in June - perhaps as a result of tighter import safeguards in the European Union and successful price increases. Looking forward, we … London This statistic is not included in your account. China's finished steel exports up 30% y-o-y on soaring global demand in (Jan-Feb) CY '21. STEEL HRC FOB CHINA Futures historical prices: closing price, open, high, low, change and %change of the STEEL HRC FOB CHINA Futures for the selected range of dates. A paid subscription is required for full access. Finish Flat. Our global steel team delivers 130 daily price series for semi-finished and finished steel across global markets, including the benchmark settlement prices for three HRC futures contracts listed on the LME and CME in Asia and Europe. Miss Irene Arias, FAMA. Please authenticate by going to "My account" → "Administration". Then you can access your favorite statistics via the star in the header. In, DBS Group Research. Steel is expected to trade at 4286.50 Yuan/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Number of historic price charts: 9. Other specifications of HRC are normalized back to this grade based on prevailing market extras … Are you interested in testing our corporate solutions? All steel prices and raw material price data are in US$ [dollars] per metric tonne fob local port; monthly world price average. At the same time, rising raw material prices are also placing upward pressure on pricing. World Aluminium 2020 Virtual Conference Series07 September - 09 December 2020, Read our latest expert articles, find out about our work through case studies, or find out about upcoming webinars and seminars. Our knowledge of the sectors we serve, combined with our trusted market relationships, enables us to deliver valuable programmes, driven by topical themes addressed by the thought leaders in our industries. Steel Price Rally Seen Under Threat on Global Supply Revival. Steel prices in China surged more than 30% in the past year. and over 1 Mio. China steel mills' domestic sales by channel (Jan) China's steel domestic sales and exports by region (Jan) Mar 08 Imports/Exports. Chinese steel market sentiment and prices have been on a roller-coaster of late, with finished steel prices following a V-shaped trajectory this week. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. Hot Rolled Coil Prices, News and Analysis. Free World Steel Prices, Global Steel Prices, Steel Prices 2018, Steel Price Forecasts, Asia, North America, Europe, Hot Rolled Coil It encompasses demand, supply, trade, prices and end-use sectors statistics. A must read for everyone in the industry. It has the most transparent and liquid traded spot finished steel market, exerting a strong influence over global pricing. Swansy Afonso. China's Jan-Feb steel, raw materials foreign trade statistics. We will be launching LME Steel HRC FOB China (Argus) on 11 March 2019. With the depiction of supply tightness in the global market in the upcoming period Indian producers have raised their offers in the market. The daily Platts TSI US HRC index stood at $1,009.25/st as of Dec. 30, marking a 12-year high. facts. Our consulting team bring a passion for problem solving and build long term relationships with our clients. We provide price assessments for all key semi-finished and finished products across steel plate, long products and sheet products to support all areas of the downstream steel … The market remains tight. 8 Mar, 19:22 IST. T: +44 20 7903 2000, © 2021 CRU International Limited All rights reserved, World Aluminium 2020 Virtual Conference Series, Covid-19: Business continuity plans for CRU Prices, China 62% Fe fines CFR (AU orig.) Global Hot Rolled Coil Steel Market (HRC) Analytics is an annual subscription product updated twice a year. HRC prices in those regions remain well below prices in the United States. You need at least a Single Account to use this feature. Export prices for CNF South Korea (10-50mm, HC 60%) is 86 cents/lb, for CNF Japan(10-50mm, HC 60%) is 87 cents/lb and for CNF China(10-150mm, HC 60%) is around 84-84 cents/lb. As soon as this statistic is updated, you will immediately be notified via e-mail. Cutting steel output is the journey, not the goal - CISA. Price quotation: US dollars per tonne: Clearable currency: US dollars: Minimum price fluctuation (tick size) per tonne: Outright : Carries : LMEselect : $0.50 : $0.01 : Inter-office : $0.01 : $0.01 : Termination of trading: Last business day of the contract month until 16:30 London time: Daily settlement procedure In Europe, flat steel prices moved up in line with Fastmarkets’ expectations in February, and HRC prices averaged €713 ($847) per tonne, compared with our forecast of €715 per tonne. prices,steel product,steel news,tenders,logistic,statistics,reports. Learn more about the team near you. Domestic hot-rolled coil (HRC) prices rose about 54% during July-December 2020, on the back of a strong recovery in domestic demand and a sharp gain in international steel prices that increased 56%. contract, Semi-soft Coking Coal FOB Quarterly contract. The latest 5-year forecasts for international steel production and prices. Excellent coverage. For projected monthly HRC or rebar prices in 2021 and 2022 or longer-term monthly price projections to 2026, see our our 5 year steel price projections or check out our 10 year steel price forecasts. Accessed March 14, 2021. https://www.statista.com/statistics/214246/world-steel-prices/, DBS Group Research. Note that latest data point(s) on the graphs may change, as more transaction price data becomes available. Looking at pricing for typical steel products such as hot rolled coil (HRC) or reinforcing bar, the latest prominent peaks occurred in March 2005, August 2008, August 2011 and April 2018, with price troughs occurring in February 2006, May 2009 and February 2016. The ideal entry-level account for individual users. 1st Floor, MidCity Place Additional coverage Cookie Policy We use cookies for statistical and measurement purposes, to help improve our website and provide you with a better online experience. Chart. Fastmarkets’ daily steel HRC index domestic, ex works northern Europe averaged €710.47 per tonne ($775.59 per ton, or $38.78 per cwt) last week, while the weekly price for steel HRC domestic, delivered northern China was 4,340 yuan per tonne at the midpoint ($609.34 per ton, or $30.47 per cwt).