Steel hot rolled_intro price February 2026 and outlook (see chart below)
- North America:US$1.02/KG, 2% up
- Europe:US$1.03/KG, 2% up
- Africa:US$0.94/KG, -2.1% down
- Northeast Asia:US$0.46/KG, unchanged
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Hot Rolled Steel price index
This post is a summary of the hot rolled steel price developments. The price developments of hot rolled steel are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Hot rolled steel price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for hot rolled steel prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of hot rolled steel prices
- Recent price developments of underlying feedstocks which drive the price of hot rolled steel
- Market futures for both cost drives and feedstocks of hot rolled steel prices
- Adjustment of current supply/demand imbalances in the hot rolled steel market
- Longer term trends in likely demand conditions