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    May 21, 2023

    Cold-Rolled Imports Still Cheaper Than Domestic Product

    Written by David Schollaert

    Foreign cold-rolled coil remains much less expensive than domestic CRC even as prices in the US fall roughly in tandem with those abroad, according to SMU’s latest check of the market.

    Domestic CRC was, on average, $77 per ton ($3.85 per cwt) more expensive than imported steel in the four regions we track as recently as early February. That premium ballooned to $413 per ton by mid-April, though it has declined more recently to $362 per ton on average.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

    Read more from David Schollaert

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