U.S. steel prices declined in September due to widespread strikes in the automotive sector and downbeat manufacturing activity. Prices for U.S. steel averaged USD 711 per metric ton in September, 11.1% lower than August’s price and down 10.4% year on year. Meanwhile, on 29 September, hot-rolled coil steel traded at USD 704 per metric ton, down 3.4% month on month.
Hot Rolled Coil Steel USA (prices in US$/mt, aop)
Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | |
---|---|---|---|---|---|---|---|---|
Hot Rolled Coil Steel USA | - | - | - | - | 1,215 | 1,308 | 834 | 695 |