Carbon Steel Prices
Monitor Carbon Steel Prices Worldwide
Intratec tracks the following commodity prices in multiple locations.
See below a preview of Hot Rolled CS Coil prices, as an example of prices available. Monitor monthly Hot Rolled CS Coil price assessments covering 5 locations: United States, Europe, Southeast Asia, China and Middle East. Also check Carbon Steel 10-year price history and forecasts..
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Data Legend. The chart above shows Hot Rolled CS Coil price assessments in USA Dollar per metric ton (USD/mt) in 5 locations, as follows:
- Hot Rolled CS Coil (40000 lb), US (United States): CS, Hot Rolled Coil (40000 lb weight), export spot price, fob, United States
- Hot Rolled CS Coil (1200-1600 mm), EUR (Europe): CS, Hot Rolled Coil (1200-1600 mm width), domestic spot price, exw, Germany
- Hot Rolled CS Coil (900 mm), SEA (Southeast Asia): CS, Hot Rolled Coil (width >= 900 mm), export transaction price, fob, India
- Hot Rolled CS Coil (1500 mm), CN (China): CS, Hot Rolled Coil (width >= 1500 mm), spot price, i-w, China
- Hot Rolled CS Coil (900 mm), MDE (Middle East): CS, Hot Rolled Coil (width >= 900 mm), import transaction price, cif, Turkey
Data Use. Hot Rolled CS Coil prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide. Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies. This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology .
Data Delivery Methods. Hot Rolled CS Coil price assessments are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); (iii) in Power BI dashboards or (iv) a web API (to facilitate integration with existing workflows).
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Carbon Steel Price Outlook. The price of Hot Rolled CS Coil (United States) decreased during March 2020 to 607 USD per metric ton, which represents a slight decline of 2% compared to the previous month’s value. On a year-over-year basis, the prices of Hot Rolled CS Coil (United States) decreased significantly by 22%. Meanwhile, the average price of Hot Rolled CS Coil (China) amounted to 476 USD per metric ton, from 569 USD per metric ton one year earlier. On a month-over-month basis, the price of Hot Rolled CS Coil (China) is 6% lower than the price one month before.
The price of Hot Rolled CS Coil (Southeast Asia) rose considerably throughout March 2020, reaching 464 USD per metric ton. The price is 8% higher than the average price in the previous month and 7% lower than the average price one year before. In contrast, the prices of Hot Rolled CS Coil (Middle East) increased significantly during March 2020, reaching 490 USD per metric ton, which means a rise of 16% from the previous month’s price and a decline of 3% from the previous year’s price.
The prices of Hot Rolled CS Coil (Europe) experienced a significant rise of 35 USD per metric ton from the prior month's price, to 501 USD per metric ton. Such price movement meant a rise of 8% on a monthly basis and a decrease of 13% on a yearly basis.
About Hot Rolled Carbon Steel Coil. Hot Rolled Carbon Steel Coil is a carbon steel product produced by passing a heated metal piece through rolls in three steps: primary rolling, conditioning, and finish rolling. In the first operation, ingots are broken down into semifinished shapes, such as blooms, billets, slabs, and rounds, by reducing cross-section and increasing length. During the process, the ingots are constantly reheated to achieve a homogeneous temperature, guaranteeing plasticity during rolling. In the conditioning process, some defects from the previous step must be removed, depending on the application of the final products. During the finish rolling, the piece is worked to obtain the desired finished shape of a sheet or strip, and a final heat treatment can be applied to enhance the microstructure. Rolling is used for thickness reduction, and an already rolled carbon steel sheet can undergo the same process to achieve further reduction and properties enhancement. Due to the heating during forming, hot rolling is a quicker and cheaper process than cold rolling, losing some strength qualities. At the end of the process, the metal sheet is coiled, cooled, and prepared to be marketed.
Hot Rolled Carbon Steel Coil Handling. The coils are heavy, and this weight is concentrated. Because of that, it must be shipped carefully in a way to prevent straining or otherwise damaging the shipping container, whether transport is carried out by ship, truck or train. Also, attention is needed in the packaging, stowage, and lashing operations.
Hot Rolled Carbon Steel Coil Uses. The uses and applications of Hot Rolled Carbon Steel Coil may vary according to its specification. The main forms of Hot Rolled Carbon Steel Coil are commercial quality sheet (for moderate forming, bending in any direction at room temperature: SAE 1008 / AISE 1012); drawing quality sheet (for intense forming, bending in any direction at room temperature and having a uniform chemical composition: SAE 1006 / AISE 1008); drawing quality special skilled sheet (for severe forming, bending in any direction at room temperature and having a uniform chemical composition: SAE 1006 / AISE 1008); and structural quality (for specific elongations and strength values, up to 1035 MPa).
Intratec Methodology. Intratec Primary Commodity Prices are produced from a data-driven, mathematical approach, which starts with the extraction of data from various primary sources, including official trade records, statistics bureaus, governmental and international agencies. Such large volume of data is validated through advanced data processing techniques, and treated by means of statistical analysis for outliers removal. When faced with input gaps, data scientists and engineers employ mathematical models or machine learning techniques to estimate prices and ensure the completeness of the price assessments presented. (learn more ).
