HRC import prices hit record in US on tight supply

The United States' hot-rolled coil steel import prices have surged to an all-time high, with buyers worldwide competing for limited material.

“There’s not a lot of steel available, not here or anywhere else,” a distributor source said.
Fastmarkets’ assessment for steel hot-rolled coil, import, ddp Houston was at $1,540-1,610 per short ton ($77.00-80.50 per hundredweight) on Wednesday June 9, up by 5.00% from $1,480-1,520 per ton on May 26 and the highest level on record since 1990.

Exports from South Korea, Canada and Mexico can be competitive with material from US mills...

Published

Mark Shenk

June 10, 2021

18:27 GMT

New York