What are cold rolled steel price developments?

This post is a summary of the cold rolled steel price developments. The price developments of cold rolled steel are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Cold rolled steel price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.

When will hot rolled coil prices come down?

It’s hard to predict when hot-rolled coil prices will come down. The Cold Rolled Steel Price is expected to fall in 2022, but the average of cold-rolled coil spot prices will be even higher in the future.

What is cold rolled steel used for?

Cold Rolled Steel is commonly used for furniture, appliances, and other projects where tight tolerances required. We also carry Hot Rolled Steel. Table - Try Our New Compact View! Apply now and set up an Online Metals credit account! SALE! Huge Savings on Overstock Lengths SALE! Huge Savings on Overstock Lengths SALE!

Why are steel prices falling?

Declines in sheet prices have picked up steam in recent weeks as mill input cost decline and global steel prices continue to fall. Following a run-up in price over the past few months the price of steel has seen a decline as more supply enters the market. As of June 7, hot-rolled prices were $987/ton, down over $100/ton from last month.