Hot Rolled Coil Prices Trend | Pricing | News | Database | Chart
North America In Q3 2024, the North American Hot Rolled Coil (HRC) market saw a substantial increase in prices, driven by strong demand, supply limitations, and rising production costs. This trend was most pronounced in the USA, where significant price movements were observed. Overall, HRC pricing showed considerable growth compared to the same period last year. However, it is notable that prices dropped by 9% from the previous quarter, despite price hikes by Nucor, reflecting some volatility in the market. Prices increased from the first to the second half of the quarter, signaling a sustained upward trajectory. By the end of the quarter, the price for HR Coil (3 mm) delivered to Illinois stood at USD 842/MT, indicating a solid and upward-moving pricing environment. Asia-Pacific In Q3 2024, the Asia-Pacific (APAC) HRC market experienced a significant price decline, driven by multiple factors. Compared to the same quarter last year, prices fell sharply, and the downwa...