Cold Rolled Coil Price Trend and Forecast

Cold Rolled Coil Regional Price Overview

Get the latest insights on price movement and trend analysis of Cold Rolled Coil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

 

Cold Rolled Coil Price Trend for Q1 of 2025

Asia

During Q1 2025, the Asian Cold Rolled Coil (CRC) market experienced a gradual price increase, primarily driven by supply-side constraints. Contributing factors included rising raw material costs, logistical disruptions, and reduced production levels. Shipping congestion and increasing freight rates further tightened supply across the region. Despite these supply challenges, demand remained relatively stable, particularly from large industrial sectors, supporting the upward price movement.
 

Cold Rolled Coil Price Chart

Please Login or Subscribe to Access the Cold Rolled Coil Price Chart Data
 

Inconsistent production from major producers such as China, influenced by regulatory policies and local trade behavior, also played a role in sustaining the firm pricing trend throughout the quarter. The market displayed increased volatility, largely due to ongoing global supply chain disruptions and steady consumption of finished steel products. These combined factors reinforced a mildly bullish sentiment in the Asian CRC market during the first quarter.

Europe

During the said quarter, the European Cold Rolled Coil market also trended in the same direction, with increasing prices. This was a result of a mix of regional supply disruptions, increased operational cost, and elevated raw material prices. The upward pressure on prices came from such factors as labour shortages, production inefficiencies at major producing plants, and rising energy prices.

In addition to this, international logistics issues, including port congestion, further limited the availability of materials, enhancing the positive pricing movements. Despite these constraints, demand in industries like automotive and manufacturing remained stable, helping to sustain the positive price momentum. Market participants continued to adapt to these supply-side difficulties, indicating a cautious optimism in the market outlook.

North America

In North America, the Cold Rolled Coil market mirrored the trend of the other regions by showing a continued rise throughout the first quarter of 2025. This was mainly the result of continued demand from different industrial applications, as well as regional supply interruption. Port congestion, stricter importation restrictions, and continuous production setbacks helped raise costs.

In addition, the rise in domestic consumption, particularly in manufacturing and construction, placed additional pressure on supply. Despite this, the market remained optimistic, fueled by the consistent demand for steel products and the increasing infrastructure projects in the region. The North American market displayed a fluctuating trend with an upwards bias during the quarter.

Analyst Insight

According to Procurement Resource, Cold Rolled Coil price trend is expected to maintain a cautious tone globally, with participants closely watching demand signals and supply dynamics.
 

Cold Rolled Coil Price Trend for Q4 of 2024

Asia

The Asian Cold Rolled Coil (CRC) markets saw steady downward pressure during Q4 2024, driven by recurring supply-demand disparities and a cautious market sentiment. As the region's largest producer and exporter, China continued to influence regional price movements. Demand was weak in the region's key sectors of manufacturing and construction, and this weak offtake, combined with over-abundant availability of material, contributed significantly to downward pressure on prices.

Seasonal downturn and operational disruptions complicated procurement plans throughout the region. Regional competitive suppliers contributed to price pressures, as oversupply resulted in mills offering increasingly competitive prices to maintain market share. In spite of occasional production controls, inventory levels remained high, supporting a bearish sentiment. Falling feedstock costs and lackluster export activity further dampened sentiment, restricting any chance of significant improvement. Overall, the market was under significant tension during the quarter.

Europe

In Europe, Cold Rolled Coil prices fell consistently in Q4 2024 in the face of muted downstream demand and a weak economic environment. The soft demand from the automotive and construction industries limited buying. Buyers were cautious, taking short-term buying strategies to avoid inventory accumulation. The market also had persistent oversupply, with mills having a hard time cutting output fast enough to keep up with soft demand.

Wider concerns over inflation, energy prices, and uncertainty around regulation only contributed to the troubles, further eroding confidence down the supply chain. Export trade provided muted relief, with the domestic market not having enough momentum to start turning the trend around. Therefore, regionally, pricing demonstrated a wait-and-see strategy from sellers, with more emphasis on maintaining customer relationships than on enhancing margins. The general market sentiments remained bearish during the quarter.

North America

The North American CRC market also witnessed bearish sentiments during Q4 of 2024, supported by muted demand and chronic supply-side pressure. Downstream markets provided limited support, with activity retreating as project developments stalled and consumption decreased.

Inventory was high, leading to weak pricing from suppliers looking to clear material. Increase in the cheap imports from overseas sources also added to the pressure on prices. Throughout the region, sellers were having difficulty matching stock levels against lukewarm demand, and prices continued to slide.

Analyst Insight

According to Procurement Resource, Cold Rolled Coil prices are likely to witness slight improvements worldwide owing to rise in the upstream stainless-steel market and gradual reopening of the downstream sector after the New Year Holidays.
 

Cold Rolled Coil Price Trend for Q3 of 2024

Asia

In China, cold rolled coil prices dropped by a significant margin by the end of the quarter due to inventory build-ups and reduced market activity. Supply remained steady despite weather challenges and changes in production policies, which affected logistics and production.

However, demand was further weakened by seasonal factors, such as high temperatures and rainfall, which hindered construction and manufacturing activities. A traditional off-season for steel products, coupled with declining automobile sales and a subdued manufacturing sector, led to lower prices. By mid-September, cold rolled coil declining trend raised the concerns of both traders and producers, and then they sorted for extreme measures.

Europe

In European countries, cold rolled coil prices also faced pressure, with a decline similar to the Asian countries during mid-September. A surge in crude steel production and increased imports exacerbated the oversupply situation, straining market prices.

The construction sector, especially housing, saw reduced demand due to regulatory uncertainties and high borrowing costs. Meanwhile, the automotive industry, a significant consumer of cold rolled coil, exhibited mixed performance, further influencing the market. Therefore, by the end of the quarter, the cold rolled coil market continued to experience weak demand, particularly in construction, while competitive domestic mill prices added pressure on the market.

North America

In the US, the drop in cold rolled coil prices throughout the third quarter of 2024 was primarily attributed to oversupply, driven by weaker demand from critical sectors such as automotive and construction. Additionally, high interest rates have dampened residential construction activity, while the automotive sector faced declining vehicle sales. The buyers in the US are capitalizing on excess inventory, with domestic mills maintaining capacity discipline despite weaker demand. Anticipated rate cuts by the Federal Reserve and infrastructure projects may boost future demand, but the near-term outlook remains cautious.

Analyst Insight

According to Procurement Resource, the price trend of Cold Rolled Coil is expected to continue its bearish tone with minimal support from both raw materials’ and downstream industries.
 

Cold Rolled Coil (CRC) Price Trend for Q2 of 2024

Asia

During the second quarter of the year 2024, the Asian cold rolled coil sector performed well. High raw material costs and processing costs kept the upstream outlook inclined for CRC. Along with that, the downstream demands also complimented the overall pricing dynamic.

In China, as the manufacturing sector was steadily improving, the new financial boost to the real estate sector also anchored the construction markets. Moreover, the mining restrictions in various core metal-producing regions restrained the availability of base metals in the markets, automatically lifting the prices amidst a feedstock supply crunch. For the concerned duration, however, the inventory support was moderate, and the overall prices largely remained demand-driven.

Europe

The European cold rolled coil market was found to be riddled as mixed market sentiment was observed during the said period. With all the trade difficulties the European region has been witnessing since the commencement of the Russia and Ukraine war have been detrimental to the market outlook. As the geopolitical relationships and dependencies got even more complicated after the conflict between Israel and Hamas, it further curtailed the trade options for Europe. Traditional trade routes have been failing to assist the consumer needs here. As seen with the Red Sea shipping routes, the attacks kept the European markets supply deficient, later translating into demand depreciation as well. Overall, a varying pricing outlook was witnessed in Q2’24.

North America

The North American CRC market mirrored the price movements of the Asian markets during the second quarter of 2024. The automotive and construction sectors offered good demands for cold rolled coils. A supply deficit at the very base of the metal ore locations provided good room for the prices to ascend. Moreover, the US Federal Reserve kept its interest rates largely stable, indicating a slow and gradual recovery of the economic parameters. Overall, a positive market performance was witnessed for CRC in the American market during the specified time frame.

Analyst Insight

According to Procurement Resource, the CRC prices are expected to rise further in the global markets as the current supply crunch will drive the markets forward.
 

Cold Rolled Coil Price Trend for Q1 of 2024

Stay updated with the latest Cold Rolled Coil prices, historical data, and tailored regional analysis
 

Asia

Throughout the first three months of 2024, the Asian market for cold rolled coil exhibited stability following the market behavior of its feedstock material, stainless steel. Despite lingering economic challenges from the preceding year, the sector maintained a subdued pace during this period. A plunging trend in the Chinese real estate industry also affected the cold rolled coil prices. Reduced demands from manufacturing and construction sectors contributed to a downward trend in prices.

In the Indian domestic market, prices for cold rolled coil experienced a minor decline from January to March’24. However, stability persisted in the Indian market, buoyed by the downstream consumers from the public and private sectors. Conversely, in Chinese markets, cold rolled coil prices faced depreciation due to a decline in international demand. Overall, the Asian cold rolled coil market navigated a period of moderate stability amid evolving economic conditions and shifting demand patterns.

Europe

The European cold rolled coil industry replicated the sluggishness in the global market as the prices were observed to be falling here as well. The ongoing wars were the primary reason that the purchasing behavior witnessed such a substantial change in the region.

As the cold rolled sheets and their feedstock stainless steel are majorly consumed in the construction and manufacturing sectors, the demands saw a notable decline over the entire span. Along with the downfall in domestic consumption, international consumption was also witnessing a fall. Overall, subdued market sentiments were witnessed in Q1’24.

North America

In the American cold-rolled coil markets, the prices were observed taking a similar trajectory to the Asian and European cold-rolled coil markets. The gap between the supply and demand outlooks has been seen rising as the Asian steel output is on the rise. Further, the demands have been lingering low, particularly in the American and European markets. This disparity gave the cold rolled coil prices the chance to fall freely, and thus, the price trend remained downward tilted for the majority time period.

Analyst Insight

According to Procurement Resource, the Cold Rolled Coil price trends are likely to waver low in the coming months. The downstream consumption will take a long time to improve, thus the prices are expected to continue a similar behavior.
 

Cold Rolled Coil Price Trend for October - December of 2023

Asia

The last quarter of 2023 witnessed a drop in the cold rolled coil prices in India and several other countries. This was attributed to increased steel imports from China and reduced demand during the holiday season.

As compared to the October prices, the traded prices of steel went down by almost 6% whose effect was vibrantly visible in the cold rolled coil price trend. Indian steel mills offered rebates, and manufacturers provided similar discounts on cold-rolled coils. The influx of Chinese imports also surged in the Indian region, creating a market imbalance and price pressure.

Europe

The European cold rolled coil market faced an incline due to sustained demand from the infrastructure sector amid a decline in supply. Several manufacturers in Europe reduced production rates and first focused on clearing the existing level of inventories during the initial phase of this quarter. This lower output in the domestic region and sustained demand was the major cause of the stabilization of demand-supply equilibria. However, due to the market downturns and elevated energy expenses after the holiday season, there were some fluctuations towards the end of the quarter.

North America

The US Cold Rolled Coil prices surged as it was driven by reduced production, tighter supply, and increased demand from downstream automotive industries. The escalating steel scrap prices and limited raw material purchases from the overseas market also had a major share in this hike. However, on the consumer front, weak demand posed a threat to this optimistic overview of the cold rolled coil prices.

Analyst Insight

According to Procurement Resource, the price trend of Cold Rolled Coil are likely to be based on the functioning and overall dynamics of the downstream automotive and other related industries.
 

Cold Rolled Coil Price Trend for July - September of 2023

Asia

The cold rolled coil experienced a noticeable decline in its price trend as the automotive and construction industries witnessed a significant contraction in the third quarter of 2023. The sales number of these downstream industries was adversely affected by the oversupply and struggling condition of the Asian economy. But as the quarter progressed, the number of exports improved along with the rising cost of raw materials. In addition to this, the imports from the overseas market also seemed to support the upward movement of cold rolled coil prices.

Europe

The European countries witnessed no relief in the downfall movement of the prices of cold rolled coil in view of poor demand from the downstream industries and hesitation of consumers.

The traders had to induce cuts in their profit margins and price quotations, thus hampering the price trend of the cold rolled coil. Further, amid weak conditions of demand from the construction and automotive industries, the level of inventories surged by several folds, hurting the trading sentiments of cold rolled coil. Further, the exponential rise in raw materials and energy prices accelerated the downfall of cold rolled coil prices.

North America

The southwards movement of cold rolled coil prices in North America was attributed to the slowing down of the industrial activities and overall momentum of the market. Due to the holiday season, consumer preference shifted from the cold rolled coil market, and in view of this, a number of manufacturing plants had to halt their production to prevent abrupt inclination in the level of inventories. These challenging dynamics disrupted the functioning of the cold rolled coil market and affected its price graph negatively.

Analyst Insight

According to Procurement Resource, the price trend of Cold Rolled Coil are expected to take on a downward trend due to poor rates of procurement from the downstream sectors.
 

Cold Rolled Coil Price Trend for the First Half of 2023

Asia

The price trend of cold rolled coil in the Asia-Pacific region was positively influenced by the high number of orders from the automotive sector and wide fluctuations in the cost of raw materials. However, the volatility in the construction sector and the onset of the Spring festival proved to be a challenge for the cold rolled coil market.

The domestic prices of cold rolled coil were supported by the rise in prices in the overseas market. But the second quarter did not follow in the footsteps of the first quarter as the prices of cold rolled coil declined. With the rise in inflation, fluctuating market conditions, and a decrease in demand, the price trend of cold rolled coil in the second quarter fell.

Europe

The European market saw a surge in the price trend of cold rolled coil till the middle of the second quarter of 2023. The high number of offers and rising prices of raw materials supported the rise in the prices of cold rolled coil. In the second quarter also, the downstream industries followed a rise in their industrial activities, and due to this, the level of inventories declined. However, in the second half of the first quarter, the market of cold rolled coil suffered from sliding economic conditions, shortage of labor, and rising rates of interest, causing the price trend of cold rolled coil to decline.

North America

A steep incline in the prices of cold rolled coil was supported by the constraints in the supply of the product. The drop in the production levels, failure of several mills, and increase in domestic demand supported the rise in the prices of cold rolled coil. However, the second quarter did not showcase a positive trend in the prices of the cold rolled coil due to weak procurement from the downstream automotive industries and swinging market sentiments of the North American region. The rising rates of inflation and interest caused by the falling banking sector ultimately led to the fall in the prices of cold rolled coil.

Analyst Insight

According to Procurement Resource, the price trend of Cold Rolled Coil is estimated to depict a falling trajectory due to slow demand from the downstream industries and rising rates of inflation.

Procurement Resource provides latest prices of Cold Rolled Coil. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.