As of the week ending June 6, the global cold rolled sheet market is displaying clear regional divergence. Germany maintains a steady and self-reliant supply chain, while the U.S. and China face heightened volatility driven by trade restrictions, economic uncertainties, and cautious demand across key sectors.

The U.S. Cold Rolled Sheet industry has witnessed a price drop of late, led by changing patterns of demand and lowering domestic import volumes. Total supply continues to remain tight as the restricted steel imports along with the effects of heavy import tariffs on the back of tepid demand continue to put pressure on the local market. The changing import scene brought in uncertainty of whether supplies would be available or not, leading to domestic producers having to rethink their near-term production and distribution plans. In turn, demand for cold rolled sheet products is also weak, as influenced by a conservative economic climate. Although segments such as construction and auto are providing some degree of support, overall market demand is slowing down as purchasers are becoming increasingly tight-fisted with buying decisions and alter inventories as well. Market volatility, fueled by trade tariffs and persistent geopolitical tensions, remains a drag on buyer sentiment.

German cold rolled sheet prices remain stable. The stability is attributed to level production and consistent demand, which are characteristic of a good market equilibrium. German steelmakers have maintained a consistent output, which guarantees production matches domestic consumption. Moreover, import and export pressures have not been significant concerns, as local producers are sufficiently meeting most of the demand without depending on foreign products.

Cold rolled sheet prices in China experienced decline due to fluctuation in supply and demand. Additionally, demand for Cold Rolled Sheet in China remains weak, hard hit by unfavourable terminal sector procurement and harsh weather conditions, which reduced building and manufacturing activity. Even the issuance of new national standards created uncertainty on the market as buyers were reluctant to purchase. Also, social inventory changes are a slowdown in demand as buyers postpone fresh purchases. Additionally, speculations of an impending global recession have sapped market sentiment, prompting downstream industries to exercise restraint in restocking Cold Rolled Sheet at previous levels.

According to ChemAnalyst, cold rolled sheet prices in the U.S. and China may face downward pressure as inventory levels rise. In contrast, prices in Germany are expected to remain stable, supported by steady market conditions with no significant fluctuations observed.