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Steel HRC

HRC · Steel & Ferroalloys · CME · Quoted in USD/t
715.00 USD/t
-1.980 (-0.28%) today
· CI Indication

Origin markets

Origin spread 138.00 USD/t

Benchmark: Hot-rolled coil, FOB China (export). The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive

OriginBasisPricevs benchmarkMarket note
🇨🇳
FOB China (export)
China · export price setter
FOB715.00BenchmarkChina's export offer sets the seaborne floor
🇺🇸
US Midwest (CRU)
USA · 232-protected
Delivered845.00
+130.00 (+18.2%)stable
Section-232 tariffs plus a domestic premium
🇪🇺
EU (Ruhr)
Europe · CBAM + energy
Delivered800.00
+85.00 (+11.9%)narrowing
Energy costs and CBAM lift EU prices
🇹🇷
Turkey (FOB)
Turkey · scrap-based swing
FOB735.00
+20.00 (+2.8%)widening
EAF/scrap-based Mediterranean swing supplier
🇮🇳
India (FOB)
India · competitive exporter
FOB707.00
-8.000 (-1.1%)stable
Integrated mills undercut China at times

Differentials are indicative desk assessments over the live benchmark — 90-day spread trend shown per origin.

Track physical flows on the live vessel map →
Open
716.98
Day High
717.72
Day Low
710.61
Prev Close
716.98
1W
-2.02%
1M
-1.80%
1Y
-12.17%
5Y
-2.82%
Exchange
CME

6-month range

Annualised volatility 9%
Low 555.13Now 715.00 · 34%High 1,019.94

Forward curve

Indicative term structure · Backwardation

Spot
715.00
USD/t
3M
711.47
-0.49%
6M
707.85
-1.00%
12M
697.35
-2.47%
18M
680.79
-4.78%
24M
672.33
-5.97%

In other units

Converted from 715.00 USD/t · indicative FX

USD/kg
0.715
USD/lb
0.324
EUR/t
657.80
CNY/t
5,183.75

About Steel HRC

Steel HRC is traded in the steel & ferroalloys segment, with price discovery referenced against CME. The chart above shows the trailing indicative price path. Physical parcels of Steel HRC can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.

Steel & FerroalloysCMEUSD/t-0.28% today
Top producers
1. China2. India3. Japan4. USA
Principal uses
  • Automotive
  • Construction
  • Machinery & appliances