Steel (USA) prices averaged USD 1,130 per metric ton in June, up 4.0% from May. On 30 June, the commodity traded at USD 1,155 per metric ton, up 2.8% from 29 May.
In contrast to Europe, U.S. steel prices extended their upward trend in June, rising for the tenth straight month and averaging about 20% higher vs January. U.S. import tariffs have made imported steel less competitive and tightened the domestic market. Moreover, high capacity utilization hints at solid demand.
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 | - | - | 684 | 697 | 802 | 896 | 839 | 861 | 983 | 1,089 | - | - |