International Steel Prices
September 8, 2022
Foreign vs Domestic Hot-Rolled Coil Price Analysis
Written by Brett Linton
Foreign hot-rolled coil imports have very little (if any) price advantage over domestic steel prices at this time, according to SMU’s latest analysis.
In fact, German HRC prices are more expensive than domestic steel after taking freight costs, trader margins and tariffs into consideration. Prices in Italy and in Asia hold only a 1–3% potential discount below domestic prices. For nearly four months, or since May, the potential discount offered by imported products has been narrowing.
