U.S. steel prices fell in August amid weaker manufacturing activity and prospective strikes in the automotive sector. Prices for U.S. steel averaged USD 800 per metric ton in August, down 8.1% from July’s price and 0.4% lower year on year. Meanwhile, on 31 August, hot-rolled coil steel traded at USD 729 per metric ton, 11.6% lower month on 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 | - | - | 1,873 | 1,742 | 1,215 | 1,308 | 834 | 695 |