Little Appeal to Buy Foreign Hot-Rolled Steel over Domestic

The temptation to purchase foreign hot-rolled coil (HRC) at a discount over domestic steel remains minimal. Adjusted foreign prices now offer little advantage over domestic steel, according to Steel Market Update’s (SMU) latest analysis.

After taking freight costs, trader margins, and tariffs into consideration, foreign HRC prices for the three regions covered in this analysis offer a 1-3% potential discount to US HRC. The appeal for cheaper imports has been shrinking since May.

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.

Brett Linton

Latest in Overseas

Chinese tin mill products face stiff anti-dumping duty

Commerce finalizes CVD on Algerian wire rod

Commerce ups import duties on Vietnamese OCTG

Chinese tin mill products hit with new duties

AMU Summit: China nears production cap, but increases can still happen