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Cold Rolled Coil (CRC) Price Trend and Forecast

UNSPC code: 30102204
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⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026
  • Commodity Pricing
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cold rolled coil (crc) Price Trends by Country

inIndia
cnChina
usUnited States
gbUnited Kingdom
deGermany

Global cold rolled coil (crc) Spot Market Prices, Trend Analysis and Forecast

Price Watchâ„¢ provides real-time price assessments and price forecasts for Cold Rolled Coil across top trading regions:

Cold Rolled Coil (CRC) Regional Coverage Cold Rolled Coil (CRC) Grade and Country Coverage Cold Rolled Coil (CRC) Pricing Data Coverage Explanation
Asia-Pacific Cold Rolled Coil (CRC) Pricing Analysis Cold Rolled Coil SPCC 1.0mm FOB Shanghai, China Weekly Price Update on Cold Rolled Coil (CRC) Real-Time Export Prices from Shanghai, China to Global Markets
Cold Rolled Coil IS513 0.9mm Ex-Mumbai, India Weekly Price Update on Cold Rolled Coil (CRC) Real-Time Domestic Ex-Mumbai Prices in India
North America Cold Rolled Coil (CRC) Pricing Analysis Cold Rolled Coil SAE 1008 1.0mm Delivered Prices at Alabama, USA Weekly Price Update on Cold Rolled Coil (CRC) Real-Time Delivered Prices in Alabama, USA
Europe Cold Rolled Coil (CRC) Pricing Analysis Cold Rolled Coil DC01 1.00mm FD Prices at Sheffield, UK Weekly Price Update on Cold Rolled Coil (CRC) Real-Time FD Prices in Sheffield, UK

Cold Rolled Coil Price Forecasts & Market Foresight Q3 2026

Outlook: Mildly Bearish

Confidence: High

Cold Rolled Coil prices are expected to remain mildly bearish globally during Q3 2026, influenced by ample steel supply, cautious procurement, and moderate raw material cost fluctuations. China and India are likely to experience mild price corrections amid sufficient inventories and competitive market conditions. Germany and the United Kingdom may witness gradual price improvements supported by recovering industrial demand, while the United States is anticipated to maintain a bullish trend, driven by firm domestic consumption, infrastructure activity, and balanced supply fundamentals.

Global Cold Rolled Coil Market Overview by Region (July–September 2026)

Country Grade/ Incoterm Outlook
China SPCC 2.0mm FOB Shanghai Mildly Bearish
Germany DC01 2.00mm EX Ruhr Mildly Bullish
USA SAE 1008 2.0mm EX Alabama Bullish
India IS513 – 2.0mm EX-Mumbai Mildly Bearish
United Kingdom DC01 2.00mm FD Sheffield Mildly Bullish

* Cold Rolled Coil Forecast represents an analytical assessment based on information available at the time of publication. Actual market prices may vary due to unforeseen operational, regulatory, geopolitical, or economic developments.

 Explore the Complete Price Watch™ Cold Rolled Coil Forecast

Access comprehensive Cold Rolled Coil market intelligence, including a 3-Month Rolling Forecast, 12-Month Price Forecast, forward price curves, country-wise market outlooks, procurement insights, and monthly forecast updates.

Explore Price Watch™ Cold Rolled Coil Forecasts

What’s Included

The 3-Month Forecast (Updated Monthly)

It reflects changes in iron ore, coking coal, and hot rolled coil feedstock costs, energy prices, steel mill operating rates, maintenance shutdowns, inventory levels, trade flows, freight rates, automotive and construction demand, government trade policies, and geopolitical developments affecting the global Cold Rolled Coil market.

The 12-Month Forecast (Published Annually)

It provides a strategic outlook based on expected capacity additions, supply-demand balances, feedstock economics, macroeconomic conditions, industrial production trends, trade policies, seasonal demand patterns, and long-term supply chain developments, supporting procurement, budgeting, and strategic planning.

Our Proprietary Hybrid Forecasting Model Evaluates:

  • Feedstock & production economics
  • Plant operating rates & outages
  • Inventory and supply-demand balance
  • Regional trade flows & freight
  • Import-export dynamics
  • Macroeconomic & geopolitical developments

 Track Cold Rolled Coil Supply Disruptions in Real Time

As geopolitical risks continue to reshape global supply chains, stay ahead of the events that drive price movements by monitoring plant shutdowns, maintenance turnarounds, force majeure events, logistics bottlenecks, trade restrictions, and operational disruptions before they impact Cold Rolled Coil markets.

Access the Price Watch™ GIO Tracker

Cold rolled Coil Price Trend Q2 2026

In Q2 2026, the global Cold Rolled Coil market remains on an upward trajectory, supported by resilient manufacturing activity, firm automotive production, and supportive trade policies across major economies. India records the strongest quarterly gain, followed by Germany, the UK, the USA, and China, as steady industrial demand and higher production costs strengthen market sentiment.

Trade measures, including India’s safeguard duty and the USA’s Section 232 tariffs, continue to support domestic pricing, while stable manufacturing PMIs across key regions reinforce steel consumption. The Cold Rolled Coil Price Chart reflects consistent price growth through April and May across most markets.

Toward the end of the quarter, buying activity becomes more cautious as supply conditions improve and production costs ease in parts of Europe and China. The Cold Rolled Coil Price Index shows mixed regional movements in June 2026, with the USA and India posting further gains, while China, Germany, and the UK record modest monthly corrections as balanced supply and softer spot demand reduce upward price pressure.

China: Cold rolled Coil Export prices FOB Shanghai, China; Grade- SPCC 2.0mm

In Q2 2026, Cold Rolled Coil Price Trend in China has increased by 1.89% compared with Q1 2026. Prices remain supported by steady manufacturing activity and resilient demand from the automotive and appliance sectors. China’s manufacturing PMI returns to 50.3 in June, while industrial production grows 5.3%, reflecting stable factory activity.

Automotive sheet demand also stays firm as vehicle exports continue to strengthen, supporting Cold Rolled Coil consumption. However, weaker property investment and soft domestic consumption limit stronger price gains across the steel market. In June 2026, Cold Rolled Coil Prices in China have edged down by 0.08% from May as balanced supply and cautious buying keep the market stable despite steady industrial output.

India: Cold rolled Coil Domestic traded prices EX-Mumbai, India; Grade- IS513 – 2.0mm

In Q2 2026, Cold Rolled Coil Price Trend in India has increased by 8.34% compared with Q1 2026. The market remains firm due to healthy demand from the automotive, engineering, and white goods sectors. India also maintains strong steel consumption as finished steel demand rises 8.7% during April to May, while production grows 6.4%.

The safeguard duty on selected steel imports continues to support domestic pricing by limiting low priced overseas material. Cold Rolled Coil Price in India also benefits from stable manufacturing activity, with the manufacturing PMI staying above 54 in June. In June 2026, Cold Rolled Coil Prices in India have increased by 0.52% compared with May as steady buying and supportive trade measures keep the market firm.

UK: Cold rolled Coil Domestic traded prices FD Sheffield, UK; Grade- DC01 2.00mm

During the second quarter of 2026, Cold Rolled Coil Price trend in the UK increased by 7.07% compared to the first quarter of the same year. Prices have been upheld due to high production costs as well as improving manufacturing operations throughout most part of the quarter.

According to June data, the UK Manufacturing PMI remains at 52.5, surpassing the threshold for development for the eighth straight month, indicating stability in manufacturing demand. The government also approves new measures regarding steel imports imposed from July, which lead to changes in tariffs confirming reliability of the domestic steel market.

Cold Rolled Coil Prices remain stable in the UK during Q2 2026. However, there is a slight decline registered by Cold Rolled Coil Prices in the UK in June 2026 as they have gone down by 0.67% as compared to May, which can be explained by reduced purchases from consumers who previously replenished their inventories.

Germany: Cold rolled Coil Domestic traded prices EX Ruhr, Germany; Grade- DC01 2.00mm

In Q2 2026, Cold Rolled Coil Price Trend in Germany has increased by 7.67% compared with Q1 2026. Higher raw material and energy costs support prices through most of the quarter despite cautious downstream demand. Germany’s manufacturing PMI reaches 50.3 in June, while factory output rises 0.9% in May and new manufacturing orders return to growth.

These indicators reflect a gradual recovery in industrial activity and improve demand for flat steel products. Cold Rolled Coil Price in Germany remains firm during April and May. In June 2026, Cold Rolled Coil Prices in Germany decline by 0.57% from May as easing energy costs and slower spot buying reduce upward price pressure despite improving manufacturing conditions.

USA: Cold rolled Coil Domestic traded prices EX Alabama, USA; Grade- SAE 1008 2.0mm

In Q2 2026, Cold Rolled Coil Price Trend in the USA has increased by 5.22% compared with Q1 2026. The market remains supported by higher domestic steel costs and strong manufacturing activity. The US manufacturing PMI stays at 53.3 in June and marks the sixth consecutive month of expansion.

Manufacturing output also grows at an annualized rate of 4.7% during the second quarter, the strongest pace in five years. Trade measures continue to support domestic steel pricing as Section 232 tariffs remain in place for imported steel products. Cold Rolled Coil Price in the USA stays firm through the quarter. In June 2026, Cold Rolled Coil Prices in the USA increase by 3.20% compared with May due to steady industrial demand and tighter domestic supply conditions.

Cold Rolled Coil (CRC) Price Trend Analysis: Q1 2026

Cold Rolled Coil Price Trend Q1 2026

The global Cold Rolled Coil (CRC) market had a mixed-to-firm performance in the first quarter of 2026, helped by improved restocking levels, steady upstream HRC prices, and improved buying interest from automotive, appliance, and construction-related sectors in various parts of the world. The strongest cold rolled coil price trend improvement has been seen in India, the UK and the USA.

Domestic demand and production discipline have been supportive of market sentiment and contributed to the firming of CRC values in the USA, UK and India. Conversely, China’s cold rolled coil market remained relatively weak as a result of cautious downstream purchasers becoming less active, along with a limited amount of policy-led recovery activity.

Overall, the first quarter has been indicative of an increasing firming of CRC values; however, the relative pace of increase varied around the globe as a result of regional variances in import pressures, inventories and end use demand.

Cold Rolled Coil SPCC 1.0mm, FOB Shanghai, China

The cold rolled coil price trend in China increased by 1.1% in Q1 2026, as modest demand recovery from the auto and appliance sectors helped offset persistent oversupply concerns. Mills maintained controlled production, but competitive selling pressure remained in the spot market due to high inventories and cautious trader sentiment. Any upside was also capped by weak export demand and uneven downstream restocking.

According to Price-Watchâ„¢ , in March 2026, cold rolled coil prices in China rose by 0.9% as market participants showed selective restocking interest. Supply remained manageable after earlier production adjustments, which supported sentiment slightly. However, limited end-user buying kept the monthly gain restrained.

Cold Rolled Coil IS513 – 0.9mm, Ex-Mumbai, India

The cold rolled coil price trend in India climbed by 6.2% in Q1 2026, driven by strong domestic demand from automobiles, appliances, and infrastructure-related fabrication. Mills benefited from firmer HRC values, while healthy buying interest and controlled availability supported higher CRC realizations. Import competition was not enough to cap the market meaningfully, as buyers increasingly preferred domestic material amid tighter delivery schedules.

In March 2026, Cold Rolled Coil prices in India jumped by 4.5% as restocking intensified across key consuming sectors. Strong purchasing from OEMs and distributors lifted market sentiment further. Higher raw material costs and limited spot availability reinforced the sharp monthly increase.

Cold Rolled Coil SAE 1008 1.0mm, Del Alabama, USA

The United States’ Cold Rolled Coil pricing has been up 4.7% in the Q1 of FY 2026, due in part to stable demand from the automotive, construction, and other general manufacturing industries for the same period. Domestic mills held the price structures, and these have been supported by lower price flow from imports, leading to a balanced market overall.

Seasonal restocking and increasing input costs also supported the increase in CRC prices during the period. CRC price trend in the US increased by 2.6% in March 2026, with increased buying activity across all downstream segments driving the increase.

Lower service center inventory levels led to an increase in order quantities, as firm quoting levels by manufacturers, combined with steady end-user demand, supported the elevated market.

Cold Rolled Coil DC01 1.00mm, FD Sheffield, UK

The cold rolled coil price trend in the UK rose by 6.0% in Q1 2026, supported by tighter availability from planned mill maintenance and firmer upstream HRC pricing. Demand from the automotive and white goods sectors improved gradually, while restocking activity from distributors added further support to spot prices.

Import volumes remained limited as buyers preferred domestic material amid lead-time uncertainty and currency-related cost pressure. In March 2026, Cold Rolled Coil prices in the UK increased by 2.9% as buying interest strengthened ahead of spring procurement.

Inventory levels at service centers stayed lean, which helped mills preserve higher offers. Firm raw material costs and steady downstream inquiries kept the market on a positive footing throughout the month.

Cold Rolled Coil (CRC) Price Trend Analysis 2025

Cold Rolled Coil Price Trend Q1 2025

In Q1 2025, Cold Rolled Coil (CRC) prices rose in the UK, USA, and India, but declined in China. In China, CRC prices settled at USD 575/MT, FOB Shanghai marking a drop from the previous quarter, reflecting persistent market weakness and oversupply as against at USD 580/MT, FOB Shanghai in last quarter.

Meanwhile, the UK and US markets experienced price increases, supported by improved demand and tighter supply. In the US, CRC prices climbed significantly in early 2025, buoyed by domestic demand and protective tariffs.

The UK market also saw firmer prices, with buyers returning and producers maintaining higher offers. India’s CRC prices increased due to robust demand from the automotive and infrastructure sectors. Across these regions, positive market sentiment and supply constraints contributed to price gains. However, China’s market remained under pressure from weak domestic consumption and high production.

In Q1 2025, CRC prices showed a modest recovery, rising to $683/MT, a 1.2% increase over the previous quarter. This uptick was supported by a gradual revival in demand from the automotive and infrastructure sectors, as government spending on public projects picked up post-monsoon. Downstream industries began restocking in anticipation of improved business activity.

Mills, having reduced inventories in the previous quarters, were able to hold prices firmer. Export demand also showed slight improvement, with Indian CRC becoming more attractive to buyers in the Middle East and Africa. Overall, market sentiment turned cautiously optimistic, with expectations of further recovery in the coming quarters.

Cold Rolled Coil Price Trend Q2 2025

According to PriceWatch, In Q2 2025, the price of cold rolled coil in China is $550 per metric tonne, down from $575 per metric tonne in Q1 2025. This 4.35% decrease is primarily attributed to persistent oversupply and weak demand from key downstream sectors such as construction and consumer goods.

Market sentiment remains cautious due to ongoing financial uncertainties and volatile raw material costs. Additionally, seasonal slowdowns and reduced activity after the Lunar New Year contributed to the price decline. Despite some stabilization in domestic production, the lack of robust demand and global market oversaturation continue to exert downward pressure on prices.

For Q2 2025, cold rolled coil prices in the UK have increased by 3.73% supported by tighter supply conditions and steady demand from the automotive and manufacturing sectors. The price increase is also influenced by higher shipping costs from Asia to Europe and a modest reduction in domestic inventories. While economic recovery in the region remains gradual, the combination of supply constraints and consistent downstream demand has supported the upward trend in prices.

In Q2 2025, the cold rolled coil price in the US picked up slightly by 0.75% following a period of market volatility driven by oversupply and weak export activity. While the US market has faced downward pressure from rising imports and subdued demand, recent supply constraints and a rebound in automotive sector demand have provided some price support.

Domestic raw steel production saw a slight decline, tightening supply and contributing to the marginal price rise. However, the market remains sensitive to shifts in both domestic and international trade dynamics.

According to PriceWatch, In Q2 2025, the cold rolled coil price in India is $708/MT, up from $679/MT in Q1 2025. This increase of 4.27% is driven by several factors such as the imposition of a 12% safeguard duty on imported rolled steel, which has curtailed cheaper imports and allowed domestic producers to raise prices, significant production cuts at major mills such as JSW Steel and Tata Steel, tightening supply, and continued strong demand from the automotive sector, where new vehicle sales and price hikes by automakers have supported higher steel prices. These dynamics have collectively contributed to the upward movement in Indian cold rolled coil prices during Q2 2025.

Cold Rolled Coil Price Trend Q3 2025

During the third quarter of 2025, the prices for cold rolled coil (CRC) across all major global markets continued to weaken impacted by slow demand, declining raw material prices and increasing competition from imports. Most regions continued to see reduced industrial and manufacturing activity, as a result we saw moderate price declines but consistent drags in prices during the quarter.

USA: Cold Rolled Coil (CRC) Domestic prices EX Alabama, USA, Grade- SAE 1008 1.0mm.

According to PriceWatch, the cold rolled coil (CRC) price trend in the USA fell by 1.95% in Q3 2025, primarily due to reduced consumption from major manufacturing industries such as automotive, appliances, and construction. A stabilization in raw material costs limited upward price movement, while imports from cheaper origins added competitive pressure on domestic mills.

The cold rolled coil market in the US also felt the impact of slowing economic activity, which led to cautious procurement behavior among service centers. Mill lead times shortened, indicating a softer demand outlook, and producers made selective price adjustments to maintain sales volume.

Cold Rolled Coil prices in the USA slipped by 1.6% in September 2025, as seasonal factors and subdued construction activity weakened buying interest. Service centers focused on reducing inventory rather than replenishment, further preventing any short-term price recovery.

United Kingdom: Cold Rolled Coil (CRC) Domestic prices FD Sheffield, UK, Grade- SAE DC01 1.00mm.

The cold rolled coil price trend in the UK during Q3 2025 dropped by 1.58%, influenced by subdued industrial production and weaker demand from automotive and construction segments. Competitive import offers from European and Asian suppliers kept domestic sellers under pricing pressure.

Currency fluctuations in the British pound impacted export competitiveness, deterring foreign buyers and adding to market challenges. End-user demand returned slowly after summer but stayed insufficient to drive prices higher. Mills maintained production levels to meet contractual obligations, which contributed to persistent oversupply in the market.

Cold Rolled Coil prices in the UK declined marginally by 0.3% in September 2025, as market conditions stabilized but lacked any strong recovery drivers. Buyers largely refrained from bulk orders, opting for cautious procurement in anticipation of softer pricing trends in the coming months.

China: Cold Rolled Coil (CRC) Export prices FOB Shanghai, China, Grade- SPCC 1.0mm.

According to PriceWatch, the cold rolled coil (CRC) in China had a decrease of 1.39% during Q3 2025, which reflected soft domestic demand paired with a high oversupply situation. An ongoing slowdown in construction and manufacturing activity, especially in the automotive and appliance sectors, brought about stagnant purchasing from end-users.

Export volumes have been weak as global steel demand continued to be soft, and trade sentiment was lacking due to macroeconomic uncertainty. Although some mills attempted to cut back production, there have been no reductions, as it had no impact on the material amount of cold rolled coil present in the market.

Declining hot rolled coil feedstock prices also brought the prices of cold rolled coil lower. Raw materials stability also provided no support for price rebound. In September 2025, Cold Rolled Coil prices in China dropped 1.9% onward, worsened by the season’s slowing demand and limited replenishment ahead of the holiday. Producers struggled to find new orders, which contributed to weak market sentiment.

India: Cold Rolled Coil (CRC) Domestic prices EX-Mumbai, India, Grade- IS513 – 0.9mm.

According to PriceWatch, the cold rolled coil price trend in India demonstrated a decrease of 2.65% in the third quarter of 2025, due to a substantial decline in domestic demand from the automotive, engineering, and consumer goods sectors. In addition, the reduction in domestic consumption has been exacerbated by elevated levels of imported steel from rival Asian states at lower prices.

In addition, the inflationary environment on downstream industries and discretion exercised by buyers on procurement produced additional bearishness in the cold rolled coil market. Infrastructure activity held steady but failed to create enough momentum to counterbalance the declines in other areas of consumption.

Adequate levels of feedstock kept prices depressed and eliminated any pricing power for mills. In India, Cold Rolled Coil prices decreased by 0.7% in September 2025, due to slow order placements and limited restocking actions amid the anticipation of downwards near-term demand.

Cold Rolled Coil Price Trend Q4 2025

In the fourth quarter of 2025, the global Cold Rolled Coil (CRC) market exhibited varied pressures, driven by softening industrial consumption, steady scrap inputs, and fluctuating trade flows across regions. China’s market encountered substantial challenges from production curtailments, bloated downstream stocks, and faltering auto sector orders, fostering a bearish tone through the period. Meanwhile, markets in the USA and UK drew support from protective duties and restrained output, as India contended with competitive imports and seasonal lulls, yielding split outcomes regionally.

Cold rolled coil SPCC 1.0mm, FOB Shanghai, China

According to Price-Watchâ„¢ , The price trend of Cold Rolled Coil in China declined by 3.2% in Q4 2025, stemming from sharp drops in vehicle output forecasts and reduced appliance fabrications amid policy tightening on capacity. Surging work-in-progress inventories strained cash flows for processors, while uncoordinated restarts post-maintenance flooded secondary markets. Overseas shipments hit barriers from rising safeguard duties, and flat HRC base pricing eroded conversion spreads for CRC producers.

Downstream users in electronics and white goods pared orders amid economic cooling, muting any stimulus effects. Cold Rolled Coil prices in China fell by 0.7% in December 2025 as supply overhang continued unabated, with processors holding back amid year-end financial closes. Mill allocations favored long-term contracts over spot, leaving traders with excess tonnage at discounts. Tepid inquiries from export-oriented assembly lines sealed the modest quarterly dip without reversal signals.

Cold rolled coil IS513 – 0.9mm, Ex-Mumbai, India

The price trend of Cold Rolled Coil in India declined by 3.1% in Q4 2025, propelled by lackluster orders from OEMs and engineering firms alongside heavy vessel arrivals from Southeast Asia eroding local premiums. Festive aftermath brought prolonged pauses in restocking, amplifying pileups at service centers and prompting price concessions. Spillover weakness from regional HRC benchmarks curbed mill confidence, with minimal offsets from stable billets or ferroalloys.

Traders shifted to hand-to-mouth tactics under margin squeezes, underscoring flat steel vulnerability. Cold Rolled Coil prices in India fell by 0.8% in December 2025 as import volumes lingered high versus sluggish off-take rates. Consumer durables and machinery buyers awaited fiscal cues before committing, stalling momentum. Mills resorted to temporary idles to trim output, yet spot liquidity stayed thin, prolonging the corrective phase.

Cold rolled coil SAE 1008 1.0mm, Del Alabama, USA

The price trend of Cold Rolled Coil in the USA declined by 0.7% in Q4 2025, influenced by uneven auto production schedules and construction deferrals despite robust tariff walls curbing foreign tonnage. Service center drawdowns eased mid-quarter, but resurgent mill availabilities post-turnarounds capped rebounds in key gauges. Elevated scrap procurement expenses lent some firmness, yet buyer resistance amid inflation lingered dominant.

Domestic focus shielded against offshore gluts, preserving relative steadiness for coated derivatives. However, Cold Rolled Coil prices in the USA rose by 1.4% in December 2025 as utilization rates climbed and import alternatives faded further. Producers advanced base tones on full order books spilling into Q1, prompting service centers to cover essentials. Selective upticks in HVAC and tubular demand accelerated the shift, offsetting earlier hesitancy.

Cold rolled coil DC01 1.00mm, FD Sheffield, UK

The price trend of Cold Rolled Coil in the UK rose by 1.0% in Q4 2025, underpinned by quota-managed imports and policy diversions from US measures, countering tepid machinery and building activity. Continental partners tightened slabs supply selectively, bolstering ex-mill quotes for commercial qualities amid leaner books. Pound depreciation aided competitiveness outwardly, while energy levies stayed contained versus peers.

Balanced tonnage absorption forestalled discounts, favoring gradual tone improvements. Cold Rolled Coil prices in the UK rose by 0.8% in December 2025 with suppliers gaining leverage on tighter calendars ahead. Downstream fabricators accepted increments for prompt delivery assurances over risks. Input cost plateaus and logistics easing reinforced producer stance, nurturing the upward close.

Cold Rolled Coil Price Trend Q1 2024

In Q1 2024, CRC prices in global markets saw fluctuations during Q1 2024, with prices increasing slightly in some regions due to strong demand and continued recovery in key industries like automotive and construction. However, some regions also experienced price corrections due to overproduction or slower demand.

In Europe, CRC prices showed a 10% increase, mainly due to higher energy prices, the cost of raw materials, and a reduction in steel production capacity. Indian and Chinese market edged down on a quarterly basis in Q1 2024.

During Q1 2024, prices softened to $744/MT, reflecting a 1.6% quarter-on-quarter decline. The post-festive season typically sees a lull in demand, and this was evident as automotive and construction activity slowed. Stockists held higher inventories, leading to reduced fresh bookings. Additionally, the global steel market was subdued, with export orders from traditional markets such as Europe and the Middle East declining.

Mills responded by offering discounts to stimulate demand, but buyers remained cautious, anticipating further price corrections. The overall sentiment was bearish, with market participants focusing on inventory management rather than aggressive procurement.

Cold Rolled Coil Price Trend Q2 2024

In Q2 2024, Global CRC prices showed a drop in Q2 2024 after the volatility in Q1. However, regional markets experienced varied trends based on local demand and production conditions. The US and UK market saw a significant decline of 10% in prices, primarily due to weak demand and an oversupply of steel.

Contributing factors include high interest rates, reduced production activity, and a drop in crude steel manufacturing. As a result, major steelmakers significantly adjusted their prices, further deepening the market’s bearish outlook. Prices in India edged down by 1% and from China by 9%, respectively.

CRC prices dipped further to $735/MT in Q2 in 2024, a 1.08% decrease from the previous quarter. The market was characterized by continued weak demand, especially from the infrastructure sector, where project execution was slow due to funding delays and monsoon preparations. Export competitiveness was also challenged by lower-priced offers from China and Vietnam, making it harder for Indian mills to secure overseas orders.

Domestic buyers delayed purchases, expecting additional price drops. Mills attempted to support prices through production cuts, but oversupply persisted, keeping the market under pressure throughout the quarter.

Cold Rolled Coil Price Trend Q3 2024

In Q3 2024, Prices in the third quarter showed decline in major economies. Domestic CRC prices fell in India by 4% in Q32024, in China by 9%, USA by 11% and the United Kingdom by 2% as against fourth quarter 2023. Sluggish demand from key sectors like automotive and construction, coupled with an oversupply of steel, put downward pressure on prices. High interest rates reduced investment and financing, leading to slower economic activity.

Additionally, a decline in crude steel production, fluctuating raw material costs, and price cuts by major steelmakers to clear excess inventory further reinforced the bearish sentiment. In both developed and emerging economies, crude steel manufacturing declined in Q3 2024. This reduction was partly due to higher operational costs, particularly from energy prices and raw materials costs.

The slowdown in steel production, in turn, led to a decreased need for the CRC. These factors combined to drive a notable reduction in CRC prices during the quarter.

In Q3 2024, CRC prices fell more sharply to $702/MT, marking a 4.5% quarter-on-quarter decline. The onset of the monsoon season led to a significant slowdown in construction and infrastructure activities, further dampening demand. The automotive sector also faced headwinds, with manufacturers reporting lower sales and inventory build-up.

Imports remained steady, adding to the supply glut. Mills adopted aggressive pricing strategies to clear inventories, but this only accelerated the price decline. Market sentiment was bearish, and many buyers opted to wait for further corrections before making significant purchases.

Cold Rolled Coil Price Trend Q4 2024

In Q4 2024, CRC prices in last quarter 2024 fell which 7% price rise in China. The market remained under pressure from oversupply, and fluctuating raw material costs, which capped any significant price rebounds.

In India, domestic demand supported some price stability, especially from infrastructure projects, but competition from imports and global trade uncertainties kept prices relatively flat. Despite some recovery, the overall market remained cautious due to ongoing economic concerns and supply-demand imbalances.

CRC prices were in downward trajectory in Q4 2024, averaging $675/MT, a 3.9% drop from Q3. The market struggled with persistent oversupply as mills maintained high production rates despite weak demand.

Year-end inventory clearance sales further pressured prices. Demand from key sectors like automotive and white goods remained sluggish, and export opportunities were limited due to global oversupply and competitive offers from other Asian producers.

Mills focused on cash flow management and reducing stock levels, but the overall market mood remained pessimistic, with little hope for a near-term recovery.

Technical Specifications of Cold Rolled Coil (crc) Price Trends

Product Description

A cold rolled coil (CRC) is a type of steel product produced by further processing hot rolled coil (HRC) through a process where the steel is cooled to room temperature and then passed through rollers to achieve the desired thickness and surface finish. Unlike HRC, the cold rolling process is done at room temperature, which increases the strength, hardness, and surface smoothness of the steel. This results in a product with superior dimensional accuracy and a more polished finish, making it ideal for applications in industries like automotive, appliances, and construction.

Identifiers and Classification:

  • HS Code – 72091790


Cold rolled coil Synonyms:

  • Cold Rolled Strip
  • Cold Rolled Steel Strip
  • CRC


Cold rolled coil Grades Specific Price Assessment:

  • CRC DC01 1.00mm Price Trend
  • CRC SPCC 1.0mm Price Trend
  • CRC IS513 – 0.9mm Price Trend
  • CRC SAE 1008 1.0mm price Trend


Cold rolled coil Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 15-18 MT
  • Packaging Type (Product & Country Specific): Container


Incoterms Referenced in Cold rolled coil Price Reporting

Shipping Term  Location  Definition 
FOB Shanghai  Shanghai, China  CRC Sheet Export price from China 
EX Alabama  Alabama, USA  Domestically Traded CRC price in USA 
FD Sheffield  Sheffield, UK  Domestically Traded CRC price in UK 
EX-Mumbai  Mumbai, India  Domestically Traded CRC price in India 

*Quotation Terms refers to the quantity range specified for the CRC being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for CRC packing, ease of handling, transportation, and storage in industrial and commercial applications.


Key CRC Manufacturers

Key Manufacturer  
China Baowu Steel Group   
ArcelorMittal   
Nippon Steel Corporation   
POSCO   
JFE Steel Corporation   
Tata Steel   
JSW Steel   
Thyssenkrupp AG   

Cold Rolled Coil (crc) Industrial Applications

cold rolled coil market share end use

Historically, several events have caused significant fluctuations in Cold Rolled Coil (crc) prices

  • Impact on Investment and Financing: Elevated interest rates globally, particularly in major economies like the U.S. and Europe, made financing more expensive for businesses.
  • Global Supply Chain Disruption (2022): The war in Ukraine and other geopolitical tensions disrupted supply chains, leading to price volatility in various commodities, including CRC.
  • Global Economic Downturn (2019-2020): The global economic slowdown, particularly in sectors like steel and automotive, led to reduced demand for CRC, resulting in lower prices.
  • COVID-19 Pandemic (2019-2020): The global pandemic led to a significant decline in demand for CRC-intensive industries, such as steelmaking and automotive manufacturing, causing prices to plummet.

These events underscore the CRC market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.

Why Price Watchâ„¢?

Price Watchâ„¢ is your trusted resource for tracking global cold rolled coil (crc) price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the cold rolled coil (crc) market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, Price Watchâ„¢ keeps you fully informed of market dynamics.

In addition, Price Watch™ provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With Price Watch™, you gain a competitive edge in understanding all the elements that influence cold rolled coil (crc) prices worldwide. Stay ahead of the curve with Price Watch’s™ reliable, accurate, and timely cold rolled coil (crc) market data.

Track Price Watch'sâ„¢ cold rolled coil (crc) price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Cold Rolled Coil (crc) Market Price Trend published by Price Watchâ„¢ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watchâ„¢ assumes no liability for decisions taken based on this information.

The pricing of Cold Rolled Coil (CRC) is influenced by a range of raw materials, market, economic, and geopolitical factors. Here is a detailed breakdown of the key factors:

1. Raw Material Costs

Hot Rolled Coil (HRC): CRC is made from HRC, so HRC price is the most direct input cost.

Iron ore and coking coal prices: These influence the cost of steel production upstream.

Scrap metal prices (if using EAF method): Affects steelmaking input cost.

2. Manufacturing and Processing Costs

Energy and labor costs: CRC production involves more processing than HRC (pickling, rolling, annealing), making it more energy- and labor-intensive.

Plant utilization and efficiency: Higher plant utilization can reduce per-unit costs, impacting price competitiveness.

3. Global and Domestic Demand

Automotive industry: CRC is widely used in car bodies—automotive demand has a major impact.

Consumer durables: Appliances (refrigerators, washing machines) drive CRC consumption.

Construction: Especially in interior finishes and light structural components.

4. Supply Conditions

Production levels and capacity utilization: Overcapacity can depress prices; tight supply pushes prices up.

Maintenance shutdowns or outages: Temporary reductions in output can lead to price spikes.

5. Import-Export Trends

Import duties and tariffs: Trade barriers (anti-dumping duties, safeguard measures) can increase the price of imported CRC or protect domestic prices.

Global supply chain: Disruptions (e.g., shipping delays, geopolitical tensions) can influence availability and cost.

6. Government Policies & Regulations

Environmental regulations: Tighter emission norms can raise production costs.

Subsidies or tax incentives: May artificially reduce pricing pressures in certain markets.

7. Inflation and Interest Rates

Higher inflation or borrowing costs can reduce end-user demand and slow construction or manufacturing, which lowers CRC demand.

Feedstock prices have a direct and significant impact on cold rolled coil (CRC) prices, as CRC is produced by further processing hot rolled coil (HRC), which itself is derived from raw materials like iron ore, coking coal, and scrap metal.

When feedstock prices such as HRC rise due to increased costs of iron ore or coal, the production cost of CRC also increases, pushing its market price higher. Conversely, a drop in raw material costs typically lowers CRC prices, assuming stable demand. As feedstock accounts for a major portion of CRC production expenses, fluctuations in these input prices are a primary driver of CRC price volatility in the market.

Commodity prices can have a significant impact on inflation. When commodity prices rise, it can increase the cost of production for businesses, which may pass these costs on to consumers in the form of higher prices. This can lead to inflation, a sustained increase in the general price level of goods and services in an economy.  

PriceWatch, a leading procurement intelligence firm, offers a comprehensive suite of tools and services to help you effectively track commodity prices.

Some of the key benefits of using PriceWatch include:

 Real-time Data: Access to up-to-date market intelligence and data on commodity supply chains.

Expert Analysis: Insights from industry experts to interpret market trends and identify potential risks.

Risk Assessment: Tools to assess supply chain vulnerabilities and develop mitigation strategies.

Benchmarking: Comparisons of commodity prices and sourcing practices to optimize procurement decisions.

Supplier Intelligence: Detailed information on suppliers, including their financial health, production capacity, and sustainability practices.

Cold Rolled Coil (CRC) is a steel product formed by further rolling HRC at room temperature to achieve smoother surfaces, tighter tolerances, and higher strength for precision applications. Its price affects industries from automotive body panels to appliances and metal furniture manufacturing. Price-Watchâ„¢ tracks these prices to help businesses and consumers understand and stay updated with the market trends.

CRC prices vary by region and market conditions. Prices are typically quoted per metric ton or per pound and fluctuate based on global supply, import/export flows, industrial demand, and currency exchange rates. Price-Watchâ„¢ provides real-time price assessments across different global markets to help buyers and sellers make informed decisions.

Prices fluctuate due to changes in Chinese production, environmental regulations, seasonal smelter maintenance, feedstock availability, and demand from automotive, appliances, and construction sectors. Exchange rates, logistics costs, and global economic conditions also influence trends.

Major consumers include automotive, appliances & white goods, construction, machinery, electronics, and metal packaging. Price-Watchâ„¢ analyses demand patterns across all these industries.

CRC is produced from Hot Rolled Coil through cold reduction mills involving pickling, rolling, annealing, and skin-pass processes to enhance surface quality and formability.

China is the world’s largest exporter, followed by Japan, South Korea, Vietnam, and India. Export volumes vary with domestic policies, environmental regulations, and international demand. Price-Watch™ tracks production levels, export flows and trade patterns to help businesses understand global supply chains and identify sourcing opportunities.

Supply generally meets demand, but disruptions may occur due to rolling mill shutdowns, HRC shortages, or spikes in downstream consumption. Price-Watchâ„¢ monitors these supply-demand imbalances to alert the market about potential shortages or surpluses.

CRC grades vary by yield strength (e.g., DC01, IF, HSLA), surface finish (skin-passed, oiled), thickness (0.3-3.0mm), and coatings like galvanized. Premium deep-drawing or high-strength variants command higher prices due to specialized processing. Price-Watchâ„¢ provides separate price assessments for each grade to ensure market transparency.

When demand rises, for example: from automotive production surges or appliance manufacturing, prices typically climb. Suppliers may prioritize certain customers, and lead times can extend. Price-Watchâ„¢ captures these market dynamics in real-time.

CRC production is highly energy intensive, particularly in annealing furnaces and cold rolling mills. Rising electricity, natural gas, or coal costs often get passed on to buyers. This is why prices in regions with cheaper electricity tend to be lower, a correlation that Price-Watchâ„¢ analyses in its price assessments & market reports.

Regional variations arise from import dependency, shipping costs, currency fluctuations, and local demand. Price-Watchâ„¢ tracks prices across all major regions to highlight these differences.

Forecasts depend on production capacity, Chinese export policies, industrial demand, and macroeconomic factors. Price-Watchâ„¢ regularly publishes detailed forecasts that project price movements for the next 12 months based on comprehensive analysis of supply additions, demand growth in key industries, seasonal patterns, and macroeconomic indicators. Our forecasts help businesses anticipate market conditions and plan accordingly.

Yes. Accurate forecasts allow businesses to optimize purchasing, negotiate contracts, and manage inventories. If Price-Watchâ„¢ forecasts predict a price increase in three months, you might choose to stock up now or lock in long-term contracts at current rates, potentially saving thousands of dollars.

Events such as Chinese export restrictions, rolling mill shutdowns, environmental regulations, or economic shocks can cause supply shortages and price volatility. Price-Watchâ„¢ provides timely alerts when such events affect the market.

Price-Watchâ„¢ collects data from manufacturers, distributors, and buyers worldwide to publish regular price assessments, market reports, and forecasts. Our transparent methodology and comprehensive coverage make us a trusted source for understanding fair pricing and market trends in the CRC industry.

Access Real-Time Cold Rolled Coil (CRC) Price Trends
Access Real-Time Cold Rolled Coil (CRC) Price Trends