Steel (USA) prices averaged USD 930 per metric ton in April, up 0.6% from March. On 30 April, the commodity traded at USD 866 per metric ton, down 2.7% from 31 March.
Prices were broadly stable in April, following double-digit increases in February and March. April’s relative stability signals that the markets have largely adjusted to the new tariff environment; a 25% U.S. tariff on all imported steel came into force on 12 March.
This chart displays Steel (USA) (US$/mt) from 2023 to 2025.
Hot Rolled Coil Steel USA (prices in US$/mt, aop)
Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Hot Rolled Coil Steel USA | - | 1,053 | 794 | 903 | 941 | 786 | 684 | 697 | 802 | - | - | - |