The gap between US HR prices, imports keeps narrowing
The price gap between US hot-rolled coil (HR) and landed offshore product continues to narrow toward parity.
The price gap between US hot-rolled coil (HR) and landed offshore product continues to narrow toward parity.
Domestic raw steel output remains within reach of a multi-year high, per AISI figures.
Domestic raw steel production ticked up to the highest weekly output rate recorded since March 2020, according to recently published American Iron and Steel Institute (AISI) data.
The Trump administration's invocation of the Defense Production Act authorizes the Department of Energy to use DPA tools to accelerate construction, expand domestic manufacturing capacity, and shore up critical supply chains – all areas with direct implications for steel.
Domestic raw steel production increased to a new multi-year high last week, per AISI figures.
The price gap between US hot-rolled coil (HR) and landed offshore product tightened this week. The dynamic continues even as stateside and import prices diverged a bit vs. the prior week.
The volume of raw steel produced by US mills eased last week but remains within earshot of the multi-year high set one week prior
The price gap between US hot-rolled coil (HR) and landed offshore product tightened this week. The dynamic continues as both stateside and offshore prices have largely trended higher.
Domestic mill production ticked up to a new multi-year high last week, according to recently published American Iron and Steel Institute (AISI) figures.
Raw steel production increased for the fourth-consecutive week last week to a new multi-year high, according to the American Iron and Steel Institute (AISI).
The American Iron and Steel Institute (AISI) reported a 2.5% decrease in domestic steel shipments for February compared to January. However, shipments are up 5.1% in 2026 from the same month in 2025.
The price gap between US hot-rolled coil (HR) and landed offshore product tightened this week.
Raw steel production recovered for the second-consecutive week and is now just 14,000 short tons below the four-year high production rate witnessed in mid-February.
CR imports from Germany, Italy, and Japan on a landed basis remain much more expensive than domestic product. But South Korean imports remain competitive, in theory, even with the 50% Section 232 tariff.
The price gap between US hot-rolled coil (HR) and landed offshore product remained within a tight band this week. The dynamic continues as both stateside and offshore prices have trended higher.
Domestic mill production was estimated at 1.78 million short tons last week, near the four-year high set one month ago.
Raw steel production declined last week for the third-consecutive week but remains historically strong, per AISI.
The price gap between US hot-rolled coil (HR) and landed offshore product widened this week, as stateside tags were little changed.
Raw production has trended upwards since the start of the year, reaching a four-year high in February.
Cold-rolled (CR) coil prices ticked up in the US this week, matching a similar trend seen in most offshore markets as well.
The price gap between US hot-rolled coil (HR) and landed offshore product tightened this week, as stateside tags continue to rise.
Domestic raw steel production has strengthened since the start of the year and reached a four-year high in mid-February.
The price gap between US hot-rolled coil (HR/HRC) and landed offshore product remained largely flat again this week, as price movements stateside and abroad mirrored each other.
US hot-rolled coil prices are set to rise year on year in 2026, but the market will face heightened volatility as import flows recover and new domestic capacity comes online, CRU Research Principal Josh Spoores said at this year's Tampa Steel Conference.
The amount of raw steel produced by US mills rose to the highest level recorded in over four years, according to AISI's latest figures.
Raw steel production ramped up last week to one of the highest weekly rates recorded in the last four years, according to recently released American Iron and Steel Institute (AISI) data.
The price gap between US hot-rolled coil (HR/HRC) and landed offshore product was largely flat this week, as price movements stateside and abroad mirrored each other. Still, the premium for US hot band over imports has remained in a relatively tight band since early December.
Domestic mill output ramped up last week to a five-month high, according to the latest production data released by the American Iron and Steel Institute (AISI). Production has held strong in recent weeks following the multi-month lows seen at the end of the year.
The price gap between US hot-rolled coil and landed offshore product narrowed this week, as price movements stateside and abroad diverged.
The amount of raw steel produced by US mills eased last week according to the AISI. Production remains strong compared to the multi-month lows seen at the end of the year.