BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to: Latest news headlines Analytical topics and features Commodities videos, podcast & blogs Sample market prices & data Special reports Subscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

IF you are a Platts Market Center subscriber, to reset your password go to the�Platts Market Center to reset your password.

Price Assessment

Hot-rolled steel coil price assessments and methodology

  • Daily prices, news and analysis for rolled steel coil
  • How do we assess the price of rolled steel?
  • Evolution of Platts US Hot-Rolled Coil price

Daily prices, news and analysis for rolled steel coil

Our daily Hot-Rolled Coil price assessments reflect the repeatable, transactional price of US Hot-Rolled Coil, reflecting a tight range and midpoint for the spot market value of transactions, bids and offers from a particular day. Our assessments are used by steelmakers, distributors and consumers throughout the US steel market as a basis for both long-term contracts and spot purchases.

Market commentaries, highlight bids, offers and confirmed transactions are published in our daily newsletters and our real-time information service, Platts Metals Alert.

The Platts Hot-Rolled Coil price assessments are available in these services.

How do we assess the price of rolled steel?

Our US Hot-Rolled Coil (HRC) price assessment is an emerging US benchmark that provides a daily representation of how much rolled steel is being bought and sold in the US Hot-Rolled Coil spot market.

It is based on a standard specification of Hot-Rolled Coil with chemical and dimensional tolerances based on ASTM A 1011-06a Commercial Type B material. Other specifications of Hot-Rolled Coil are normalized back to this grade, based on prevailing market extras. It takes into account standard spot-market order sizes of up to 500 st of material 48-60 inches wide, with thicknesses ranging from 0.083-0.37 inches (other order sizes or dimensions are normalized to this standard).

Rolled Steel Coil product specifications are updated periodically to remain reflective of current market practices. The price assessment is published on an ex-works Midwest (Indiana) mill basis and the US domestic market has migrated toward greater use of this assessment as a benchmark since early 2013.

Evolution of Platts US Hot-Rolled Coil price

Platts, on its own and through the 2011 acquisition of Steel Business Briefing, has been assessing the spot price of Hot-Rolled Coil for more than a decade and was the first to publish Hot-Rolled Steel Coil pricing on a daily basis.

Our thought leadership has brought about unprecedented transparency in the Hot-Rolled Coil market, achieved through active market-testing of data and the publication of a daily spot market commentary.

Our products and services provide you with the latest news, data and analysis on hot-rolled steel.


Methodology and Specifications

SEE ALL METALS METHODOLOGIES
SEE ALL METALS METHODOLOGIES

Products and Services

SEE METALS PRODUCTS
SEE METALS PRODUCTS