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    Overseas

    September 8, 2022

    Foreign vs Domestic Hot-Rolled Coil Price Analysis

    Written by Brett Linton

    Foreign hot-rolled coil imports have very little (if any) price advantage over domestic steel prices at this time, according to SMU’s latest analysis.

    In fact, German HRC prices are more expensive than domestic steel after taking freight costs, trader margins and tariffs into consideration. Prices in Italy and in Asia hold only a 1–3% potential discount below domestic prices. For nearly four months, or since May, the potential discount offered by imported products has been narrowing.

    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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