Steel (USA) prices averaged USD 1,234 per metric ton in September, up 3.0% from August. On 30 September, the commodity traded at USD 1,275 per metric ton, up 5.6% from 31 August.
U.S. steel prices rose for the 12th consecutive month in September, reaching their highest level since 2022 and increasing 31% year to date. Prices have likely continued to benefit from the U.S. government’s protectionist measures, which have contributed to lower steel imports so far this year.
This chart displays Steel (USA) (US$/mt) from 2024 to 2026.
Hot Rolled Coil Steel USA (prices in US$/mt, aop)
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hot Rolled Coil Steel USA | - | - | - | 697 | 802 | 896 | 839 | 861 | 983 | 1,089 | 1,196 | - |