How much per ton is hot rolled steel sheet in America

The ex factory price of hot rolled steel sheet and coils in the United States has been maintained at US $1510-1520 per ton for five consecutive days. Due to tight supply and strong demand, the upward trend is expected to continue. The current price is the highest since 1960.

Market participants predict that with tight supply and increased steel consumption, the ex factory price of hot rolled steel sheet coil will exceed US $1600 / T. At present, there are different voices in the market. Some dealers and users think that the steel price will recover in the third quarter, but other participants think that the price rise will continue until 2022.

At present, the delivery cycle of steel plants is 10-12 weeks, and the supply exceeds the demand.