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    Overseas

    October 16, 2014

    SMU Analysis of the Foreign vs. Domestic HRC Price Spread

    Written by Brett Linton

    The following is a “hypothetical” calculation of the spread between world hot rolled export prices and domestic (USA & Canada) hot rolled prices. Actual HRC price spreads can vary based on freight costs, trader margins and other factors. SMU compares the world hot rolled export price with adders for freight, handling, trader margin, etc., against the spot (FOB Mill) domestic hot rolled price using the SMU Hot Rolled Index for this week.

    The world export price for hot rolled bands is at $484 per net ton ($533 per metric ton) according to data released by SteelBenchmarker on Monday this week. This is unchanged from the price released three weeks ago and also unchanged from the early-September price.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

    Read more from Brett Linton

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