For the Quarter Ending March 2026
Cold Rolled Coil Price in North America
- In USA, the Cold Rolled Coil Price Index rose by 9.86% quarter-over-quarter, reflecting tight mill hikes.
- The average Cold Rolled Coil price for the quarter was approximately USD 1244.00/MT per industry assessment.
- Cold Rolled Coil Spot Price firmed as mills pulled spot tons, supporting contract negotiations and premiums.
- Cold Rolled Coil Price Forecast indicates spring gains driven by automotive restocking and constrained spot inventories.
- Cold Rolled Coil Production Cost Trend subdued; scrap and pig iron flat, keeping conversion costs contained.
- Cold Rolled Coil Demand Outlook stays constructive as automotive and appliance restocking offsets residential construction activity.
- Cold Rolled Coil Price Index supported by low inventories and reduced import arrivals, sustaining spot premiums.
- Domestic mill utilization firm with targeted list increases, while export demand and freight risks shaped positioning.
Why did the price of Cold Rolled Coil change in March 2026 in North America?
- Stronger automotive coil off-take in March tightened merchant stocks, increasing urgency and lifting spot premiums.
- Rising freight and insurance costs increased landed import expenses, adding conversion pressure on domestic mills.
- Service centres rebuilt inventories earlier, then shifted to hand-to-mouth buying, muting additional upside in March.
Cold Rolled Coil Price in APAC
- In Indonesia, the Cold Rolled Coil Price Index rose by 8.34% quarter-over-quarter, reflecting tighter imports.
- The average Cold Rolled Coil price for the quarter was approximately USD 615.00/MT across origins.
- Import-dependent Cold Rolled Coil Spot Price firmed amid tighter booking slots and lean service-centre inventories.
- Observed Cold Rolled Coil Price Index gains reflected freight surcharges, safeguard duties and Chinese HRC.
- Cold Rolled Coil Production Cost Trend saw coking-coal and HRC cost increases pressuring offers.
- Cold Rolled Coil Demand Outlook remains constructive as automotive, appliance and infrastructure restocking supports offtake.
- Short-term Cold Rolled Coil Price Forecast signals firmer values amid import-flow variability and restarts.
- Service-centre inventory and PT Krakatau Steel restart will influence Indonesia Cold Rolled Coil Price Index.
Why did the price of Cold Rolled Coil change in March 2026 in APAC?
- Chinese mill maintenance and safeguard duties reduced HRC availability, tightening imports and raising landed costs.
- Automotive and appliance restocking increased pull from service-centres, prompting inventory replenishment ahead of Ramadan.
- Freight surcharges, firmer coking coal costs and port booking tightness elevated landed costs and constrained spot availability.
Cold Rolled Coil Price in Europe
- In Germany, the Cold Rolled Coil Price Index rose by 12.42% quarter-over-quarter, reflecting tighter supply.
- The average Cold Rolled Coil price for the quarter was approximately USD 853.67/MT, Ruhr assessments.
- Cold Rolled Coil Spot Price firmed as mills passed higher feedstock and energy costs further downstream.
- Cold Rolled Coil Production Cost Trend rose due to iron ore, shipping surcharges, electricity tariffs.
- Cold Rolled Coil Demand Outlook shows cautious buying as automotive restocking offsets subdued construction demand.
- Cold Rolled Coil Price Forecast indicates modest gains followed by seasonal correction and quota-driven volatility.
- Depleted service-centre stocks and export enquiries supported the Cold Rolled Coil Price Index this quarter.
- Major German mills ran scheduled production post-maintenance, preserving tight spot availability for Cold Rolled Coil.
Why did the price of Cold Rolled Coil change in March 2026 in Europe?
- Tighter substrate availability and curtailed reroller output constrained Cold Rolled Coil supply, supporting upward pressure.
- Iron ore, shipping surcharges and energy costs elevated Cold Rolled Coil production expenses, pressuring prices.
- CBAM documentation delays and Red Sea routing risks tightened availability, encouraging cautious buying and replenishment.
Cold Rolled Coil Price in South America
- In Brazil, the Cold Rolled Coil Price Index rose by 5.68% quarter-over-quarter, reflecting stronger import offers.
- The average Cold Rolled Coil price for the quarter was approximately USD 719.33/MT, reflecting CFR Santos market levels.
- Cold Rolled Coil Spot Price volatility eased as falling freight and steady Asian offers increased landed availability, prompting buyer competition.
- Cold Rolled Coil Price Forecast points to short-term firmness then potential softening driven by inventory normalization signals.
- Cold Rolled Coil Production Cost Trend remained subdued as iron ore and energy input prices stayed broadly stable during the quarter.
- Cold Rolled Coil Demand Outlook is cautious; automotive pre-buying partially offsets construction weakness and service-center destocking trends.
- Cold Rolled Coil Price Index readings shifted from January strength to March weakness amid elevated inventories and destocking pressures.
- Uninterrupted import flows and aggressive Asian offers pressured domestic negotiation dynamics, while mills retained selective export allocation and tactical discipline.
Why did the price of Cold Rolled Coil change in March 2026 in South America?
- High service-center inventories prompted aggressive discounting, undermining spot bids and pressuring domestic CFR levels broadly.
- Reduced freight rates lowered landed parity, enabling competitive Asian offers to undercut importers' pricing negotiations.
- Muted downstream consumption and Carnival-related slowdowns reduced buying urgency, allowing sellers to concede price concessions.
For the Quarter Ending December 2025
Cold Rolled Coil Price in North America
- In USA, the Cold Rolled Coil Price Index rose by 1.4635% quarter-over-quarter, reflecting tighter mill output.
- The average Cold Rolled Coil price for the quarter was approximately USD 1132.33/MT, reported level.
- Cold Rolled Coil Spot Price firmed on extended mill lead times and constrained service-center inventories.
- Cold Rolled Coil Price Forecast implies modest upside; restocking and mill pricing power balance demand.
- Cold Rolled Coil Production Cost Trend tightened due to scrap and HRC feedstock, pressuring margins.
- Cold Rolled Coil Demand Outlook positive from automotive and appliance restocking; construction demand remains weak.
- Cold Rolled Coil Price Index remained supported by low service-center inventories and Section 232 constraints.
- Mill outages and extended lead times elevated offers, aligning with Cold Rolled Coil Price Forecast.
Why did the price of Cold Rolled Coil change in December 2025 in North America?
- Domestic mill outages and tight scrap supplies reduced CRC availability, pushing spot offers, extending leadtimes.
- Protective tariffs and limited imports preserved domestic pricing power, service centers restocked aggressively before January.
- Increased raw-material costs, longer logistics, and resilient automotive demand supported price gains despite construction weakness.
Cold Rolled Coil Price in APAC
- In Indonesia, the Cold Rolled Coil Price Index rose by 2.59% quarter-over-quarter, supported by imports.
- The average Cold Rolled Coil price for the quarter was approximately USD 567.67/MT, reflecting imports.
- Cold Rolled Coil Spot Price softened as abundant imports and weak purchasing pressured domestic offers.
- Cold Rolled Coil Price Forecast shows modest upside if HRC tightens and import arrivals normalize.
- Cold Rolled Coil Production Cost Trend held as HRC conversion margins fluctuated, constraining mills' pricing.
- Cold Rolled Coil Demand Outlook stayed subdued with weak automotive and appliance procurement, limiting restocking.
- Cold Rolled Coil Price Index stayed rangebound as balanced supply and cautious buying limited volatility.
- Export demand remained tepid; mills operated cautiously, inventories elevated, Korea offers pressured domestic prices further.
Why did the price of Cold Rolled Coil change in December 2025 in APAC?
- Abundant North Asian imports increased Indonesian inventories and suppressed domestic offers, limiting sellers' pricing power.
- Stable HRC feedstock costs capped conversion-driven cost increases, preventing meaningful upward pressure on CRC offers.
- Muted automotive and construction procurement promoted hand-to-mouth buying, reducing restocking and keeping CRC demand subdued.
Cold Rolled Coil Price in Europe
- In Germany, the Cold Rolled Coil Price Index rose by 5.61% quarter-over-quarter, mills constrained supply.
- The average Cold Rolled Coil price for the quarter was approximately USD 759.33/MT, Ruhr assessment.
- Cold Rolled Coil Spot Price held at assessments as domestic offers tightened while imports available.
- Cold Rolled Coil Price Forecast shows modest firmness as mills manage output and distributors restock.
- Cold Rolled Coil Production Cost Trend showed lower HRC, higher energy and carbon compliance costs.
- Cold Rolled Coil Demand Outlook remains mixed as automotive caution offsets appliance and packaging restocking.
- Service centre inventories, export demand influenced the Cold Rolled Coil Price Index, limiting price spikes.
- Planned mill maintenance and CBAM compliance costs tightened supply, supporting Cold Rolled Coil Price Index.
Why did the price of Cold Rolled Coil change in December 2025 in Europe?
- Constrained mill output and strategic capacity reductions limited domestic availability, underpinning modest price recovery.
- Steady imports from Turkey and Korea balanced supply, while anti-dumping measures limited cheaper Chinese volumes.
- Energy and carbon compliance costs rose, while automotive procurement remained cautious, keeping upward moves contained.
Cold Rolled Coil Price in South America
- In Brazil, the Cold Rolled Coil Price Index rose by 10.26% quarter-over-quarter, driven by stronger mill offers and quota constraints.
- The average Cold Rolled Coil price for the quarter was approximately USD 680.67/MT, based on CFR Santos trade and observations
- Cold Rolled Coil Spot Price showed weekly stability while import flows maintained pressure on domestic offers.
- Cold Rolled Coil Price Index fluctuations reflected quota utilisation, import volumes and balanced domestic mill production schedules.
- Cold Rolled Coil Production Cost Trend remained subdued as metallic feedstock prices eased, supporting mill margin preservation.
- Cold Rolled Coil Demand Outlook appeared muted with subdued construction and automotive purchasing limiting upside potential.
- Cold Rolled Coil Price Forecast indicates rangebound movement near current levels as inventories and imports remain influential.
- Cold Rolled Coil Price Index strength late quarter reflected temporary restocking and tighter service center availability.
Why did the price of Cold Rolled Coil change in December 2025 in South America?
- Import availability from Asia remained steady, keeping landed costs predictable and largely suppressing spot inflation.
- Domestic mill output discipline and quota enforcement reduced immediate import competitiveness, supporting marginal price gains.
- Subdued downstream demand and comfortable service center inventories limited buying, constraining significant near-term upward pressure.
For the Quarter Ending September 2025
North America
- In USA, the Cold Rolled Coil Price Index fell by 6.32% quarter-over-quarter, reflecting persistent oversupply.
- The average Cold Rolled Coil price this quarter was approximately USD 1116.00/MT, reflecting regional transactions.
- Cold Rolled Coil Spot Price weakness paralleled softer mill lists, keeping the Price Index pressured.
- Cold Rolled Coil Production Cost Trend muted as HRC feedstock eased, limiting cost-driven price increases.
- Cold Rolled Coil Demand Outlook weak with automotive and construction purchases below typical seasonal benchmarks.
- Cold Rolled Coil Price Forecast suggests autumn stability conditional on restocking and improved order flow.
- Section 232 tariffs limited imports and elevated service centre inventories constrained domestic Price Index recovery.
- Mill operating rates near eighty percent sustained availability, keeping supply ample and limiting price volatility.
Why did the price of Cold Rolled Coil change in September 2025 in North America?
- Elevated mill throughput and shipments increased supply availability, exerting downward pressure on regional Price Index.
- Service centres deferred restocking as automotive and construction orders remained weak, limiting transactional demand recovery.
- Stable feedstock costs and compressed lead times curtailed cost-push inflation, maintaining a range-bound market overall.
APAC
- In Indonesia, the Cold Rolled Coil Price Index rose by 4.93% quarter-over-quarter, driven by exports.
- The average Cold Rolled Coil price for the quarter was approximately USD 553.33/MT measured locally.
- Cold Rolled Coil Spot Price showed volatility while the Price Index signalled tightening domestic supply.
- Cold Rolled Coil Price Forecast indicates firmness while Production Cost Trend rises on feedstock pressures.
- Cold Rolled Coil Demand Outlook supported by infrastructure spending, bolstering the Price Index amid restocking.
- Inventory builds at Tanjung Priok and robust export demand influenced Cold Rolled Coil Price Index.
- Major mill operating rates stayed high; rerollers prioritised exports, pressuring Cold Rolled Coil spot availability.
- Logistics bottlenecks and higher demurrage costs, alongside rupiah volatility, lifted landed costs Cold Rolled Coil.
- Short-term trading expected range-bound as imports and conversion costs moderate Cold Rolled Coil Price Index.
Why did the price of Cold Rolled Coil change in September 2025 in APAC?
- Tighter domestic hot-rolled availability and higher feedstock costs reduced supply, supporting Cold Rolled Coil prices.
- Chinese export flows swelled Indonesian port inventories, and logistics delays with demurrage raised landed costs.
- Robust infrastructure demand prompted distributor restocking despite ample imports, tightening near-term availability and firming prices.
Europe
- In Germany, the Cold Rolled Coil Price Index fell by 7.66% quarter-over-quarter, reflecting persistent oversupply
- The average Cold Rolled Coil price for the quarter was approximately USD 719.00/MT, Q3 Ruhr
- German Cold Rolled Coil Spot Price held flat as mills balanced shipments; buyers stayed cautious
- The Cold Rolled Coil Price Forecast is cautious, given seasonal shutdowns and persistent import competition
- Rising energy and conversion charges lifted the Cold Rolled Coil Production Cost Trend this quarter
- The Cold Rolled Coil Demand Outlook remains weak as automotive destocking pressures the Price Index
- Service-centre stocks rose and cheap HRC imports constrained margins, weighing on export flows and pricing
- Major German mills ran scheduled rolling, limiting spot availability and exerting selective support to offers
Why did the price of Cold Rolled Coil change in September 2025 in Europe?
- Ramp-up of European capacity and low-cost imports generated oversupply, thereby reducing Cold Rolled Coil ordering
- Energy tariffs and conversion charges increased production costs, keeping mill offers elevated despite weak demand
- Smooth logistics and steady FX preserved import parity, while OEM summer shutdowns delayed restocking recovery
South America
- In Brazil, the Cold Rolled Coil Price Index rose by 8.8% quarter-over-quarter, reflecting quota tightening.
- The average Cold Rolled Coil price for the quarter was approximately USD 617.33/MT, reflecting quotas.
- Cold Rolled Coil Spot Price rose after BRL depreciation and quota limits elevated landed parity.
- Inventory tightening and port congestion underpinned the Cold Rolled Coil Price Forecast for near-term firmness.
- Mills reported steady electricity and scrap, keeping the Cold Rolled Coil Production Cost Trend stable.
- Cold Rolled Coil Demand Outlook muted as automotive weakness offsets distributor rebuilding and export interest.
- Service-centre stocks stayed high, so the Cold Rolled Coil Price Index signalled largely range-bound conditions.
- Santos logistics supported flows, but quota caps and slab shortages maintained upward pressure on prices.
Why did the price of Cold Rolled Coil change in September 2025 in South America?
- Quota tightening, lower slab output constrained availability, elevating import parity and supporting spot premiums.
- Inventory drawdowns and increased export flows reduced local availability, despite automotive and manufacturing demand.
- BRL depreciation and mill costs raised landed costs, while ports operated normally supporting resilience.
For the Quarter Ending June 2025
North America
- The Cold Rolled Coil Price Index in the USA declined by 2.4% quarter-over-quarter in Q2 2025, primarily driven by weakening demand in the automotive, HVAC, and home appliance sectors.
- Inventories at service centers remained elevated, with destocking continuing throughout the quarter, further dampening mill order books.
- The Cold Rolled Coil Production Cost Trend remained steady, with input HRC prices relatively stable and no significant disruptions in domestic logistics or labor.
- Import pressure from Mexico and South Korea added pricing pressure, especially for spot orders in the Midwest and Gulf Coast regions.
- Demand recovery lagged behind expectations, and procurement strategies shifted to shorter-term contracts and minimal stockpiling.
Why did the price of Cold Rolled Coil change in July 2025 in the USA?
- The Cold Rolled Coil Spot Price in July 2025 likely stayed under pressure as service centers continued cautious purchasing, reflecting a conservative outlook across industrial segments.
- Automotive production schedules were trimmed in early July, and HVAC demand remained below seasonal averages.
- The Cold Rolled Coil Price Forecast indicated limited upside without significant mill curtailments.
- The Cold Rolled Coil Demand Outlook remained sluggish, with restocking deferred amid expectations of better deals in Q3.
APAC
- The Cold Rolled Coil Price Index in Indonesia dropped sharply by 18.3% quarter-over-quarter in Q2 2025, reflecting oversupply in the domestic market and competitive regional export offers.
- Local mills faced intense pricing competition from Chinese CRC suppliers, who were aggressively pricing into Southeast Asia.
- The Cold Rolled Coil Production Cost Trend declined due to falling hot rolled coil input costs, easing energy rates, and increased operational efficiency across integrated mills.
- Domestic demand weakened, particularly from construction, white goods, and downstream fabrication sectors, while export realizations remained under pressure due to currency fluctuations.
- High port inventories and slower customs clearance further contributed to the glut, driving prices lower throughout the quarter.
Why did the price of Cold Rolled Coil change in July 2025 in Indonesia?
- The Cold Rolled Coil Spot Price in July 2025 likely declined further as mills ramped up discounts to clear high inventories.
- Buyer sentiment remained weak due to inflationary pressures and financing difficulties among downstream buyers.
- The Cold Rolled Coil Price Forecast signaled further softness unless coordinated production cuts materialize.
- The Cold Rolled Coil Demand Outlook for Q3 is fragile, with limited visibility on industrial orders and inconsistent export booking volumes.
Europe
- The Cold Rolled Coil Price Index in Germany registered a slight increase of 0.4% quarter-over-quarter in Q2 2025, as demand from key segments such as automotive and mechanical equipment showed gradual improvement.
- Domestic producers benefited from reduced import volumes from Turkey and Eastern Europe due to tighter EU import regulations and geopolitical uncertainties.
- The Cold Rolled Coil Production Cost Trend remained stable, with predictable energy prices and consistent supply of input HRC.
- Purchasing activity increased modestly in May and June, led by restocking from small- to mid-sized manufacturing firms in northern Germany.
- Capacity utilization improved at major mills, though export demand to neighboring countries remained mixed.
Why did the price of Cold Rolled Coil change in July 2025 in Germany?
- The Cold Rolled Coil Spot Price in July 2025 is estimated to have held firm, supported by stable domestic mill order books and improved confidence among buyers.
- Automotive and engineered goods producers maintained consistent order placements, even as construction-related CRC demand stayed subdued.
- The Cold Rolled Coil Price Forecast suggested price stability through mid-Q3 unless there is a surge in import arrivals or energy cost volatility.
- The Cold Rolled Coil Demand Outlook remains cautiously optimistic, underpinned by resilient industrial output and a modest rebound in export-oriented sectors.
