Metals & Mining Theme, Ferrous
January 02, 2026
Platts launches new US Southern hot-rolled coil steel sheet assessment
Platts, part of S&P Global Energy, has launched a new daily Southern hot-rolled coil (HRC) steel sheet price assessment for the US, effective Jan. 2, 2026.
The assessment reflects HRC sheet grades purchased in 100-1,000 st parcels, ex-works US domestic Southern mill, with shipment within three to eight weeks. Platts may normalize quantities below 100 st and above 1,000 st for the assessment.
Platts originally published a proposal note for the new assessment on Nov. 3, 2025, available here, and a decision note on Nov. 20, available here.
Full assessment specifications are as follows:
| Assessment | Symbol | Monthly Average | Quality | Volume | Dimensions | Incoterm | Timing | Payment terms | Unit |
| HRC US EXW Southern mill | TSUHE00 | TSUHE03 | ASTM A 1011-06a Commercial Type B | 100 to 1,000 st | W 48-72", T 0.083-0.37" | EXW Southern mill | Shipment within three to eight weeks | Net-30 days after delivery | $/st |
The daily US HRC Southern price assessment is timestamped to 3:30 pm US ET. The new assessment and its related monthly average are published on Platts Steel Alert fixed page 1205, and in the following publications: SBB Daily Briefing, World Steel Review, Steel Price Report and Global Market Outlook.
The new assessment complements existing Platts ferrous assessments and reflects growing steel sheet capacity recently added or in the process of coming online south of the Missouri/Kentucky corridor -- totaling almost 27 million st, or around 40% of total US active rolling capacity, according to company data compiled by S&P Global Energy, along with increased demand from service centers, auto and energy sectors, among others.
Platts spot price assessments consider market information reported to Platts and published throughout the day, including firm bids and offers, transactions and indications of value. In the absence of observable direct spot market activity, Platts may consider other verifiable data reported, for example, movements in related markets through observed spread differentials.
A full description of Platts price assessment methodology can be found here.
Please send comments and questions to MetalsAmericas@spglobal.com and pricegroup@spglobal.com.
For written comments, please provide a clear indication if the comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential