U.S. steel prices declined in May as manufacturing activity weakened in the U.S. Prices for U.S. steel averaged USD 1,088 per metric ton in May, which was 6.0% lower than April’s price and was down 18.7% from the same month last year. Meanwhile, on 31 May, hot-rolled coil steel traded at USD 934 per metric ton, which was down 12.6% from the same day of the previous month.
This chart displays Steel (USA) (US$/mt) from 2021 to 2023.
Hot Rolled Coil Steel USA (prices in US$/mt, aop)
| Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | |
|---|---|---|---|---|---|---|---|---|
| Hot Rolled Coil Steel USA | - | 1,526 | 1,873 | 1,742 | 1,215 | 1,308 | 834 | 695 |