© 2020 CME Group Inc. All rights reserved. You can access our full methodology and price specifications for US HRC Index here and for our other steel prices here. Our methodologies are published and made accessible to ensure our price reporting process is fully transparent. Steel comparison graphs, search, sorting, filtering by element composition and more. They may not be able to offer spot, and they are trying reduce the amount of contract availability. We have been reporting on HRC, under the former brand American Metal Market, since 1960 with a weekly assessment. Managing Editor, Thorsten Schier, reveals the changes and what's impacted this strange event. Get quick access to tools and premium content, or customize a portfolio and set alerts to follow the market. US steel mills are on pace to add more than 13.5 million tons of EAF flat-rolled steelmaking capacity at a cost of at least $6.3 billion... Hot-rolled coil spot prices in the United States have surpassed $35 per hundredweight for the first time since March 2019. If you don't have a deal that guarantees January availability, you are on the outside looking in. Suitable for cold extrusion and forming, cold drawn, punching and blanking of high hardness metal sheet and stainless sheet. Significant liquidity in the HRC market along with its importance as a raw material for manufacturers makes this a critical material with consistent volatility in its physical markets. We understand how important hot-rolled coil (HRC) is to the steel industry, that’s why we provide a wide range of detailed coverage for this material. Our North American Steel Editor, Grace Asenov, walks you through how we price our US HRC Index in a quick video below. Inputs were received in a range of $34.50-37.50 per cwt. U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures, Modern Slavery Act Transparency Statement. Create a CMEGroup.com Account: More features, more insights. We take this responsibility very seriously, and seize every opportunity to provide an explanation of how we, as a price reporting agency, provide this trustworthy data. Stream live futures and options market data directly from CME Group. From prices and price forecasts to the latest breaking news plus long-term analysis of supply and demand our experts can prepare you for anything you need. Steel (USA) Price Outlook Prices for hot-rolled coil U.S. steel continued to soar in recent weeks, hitting a one-year high, amid strong manufacturing activity data in China and the U.S in October. Knives of this hardness are usually easy to sharpen. Save time and act quicker to market changes. London Watch the playback now. 54-56 HRC: The hardness of many French chefs’ knives. HRC, or hot-rolled coil, is the predominant finished steel form in the domestic and global steel industry and is the basis for many steel-based industrial products. Almost all consumer-grade pocket knives, EDC knives, fixed blade knives, etc will be in the range of a Rockwell Hardness rating of 54 to 65 HRC. Due to increased volatility and feedback from participants in the flat-rolled markets, in November 2018 we increased the frequency of our HRC index to daily to provide a more market-reflective picture of what's happening. 8 Bouverie St Steel traded at USD 711 per metric ton on 6 November, which was up 12.7% from the same day in the prior month. In its three hundred fifty-first report, the SteelBenchmarkerTM released 10 steel products and 3 USA scrap prices. Note: Hot-Rolled Coil (HRC) Steel - Europe, prices in USD per metric ton (mt). Access real-time data, charts, analytics and news from anywhere at anytime. Get your free US daily HRC price, plus more insights right here, right now. This June 2020 webinar, led by our North American steel team, discussed the direction the steel and raw materials markets were headed during the summer and if better days were on the horizon. Generally, knives are described as having an HRC rating of X. HRC, or hot-rolled coil, is the predominant finished steel form in the domestic and global steel industry and is the basis for many steel-based industrial products. Quotes; Settlements; Volume; Time & Sales; Contract Specs; Margins; Calendar; Globex Futures; Globex Options; Auto Refresh Is. 52-54 HRC: Quite soft steel, reasonable quality. LKM 2767: 6F7 (High toughness multi-purpose tool steel) Through Hardened: 50-52: High strength and toughness, can be hardened to HRC 50~54. Steel (Europe) Historical Price Chart. Our HRC forecasts and market analysis help businesses plan ahead. C Si Mn P S Cr Mo Ni Other 253MA S30815 0.05 1.1 - 2.0 0.8 0.040 0.030 20.0 - 22.0 10.0 - 12.0 N 0.14-0.20-0.10 Ce 0.03-0.08 Download. If you're happy with cookies click proceed. US Steel flat-rolled products for the week of November 16, 2020. High chromium cold work tool steel with good toughness. Steel Price Chart Last 10 Years Tuesday, 24 November 2020. HRC prices also are generally used as an indicator of the health of a steel industry as it is the most commonly produced steel item, and so is often tracked by analysts and financial institutions. Steel prices saw some correction in the last week of November following a massive rally that pushed prices to an eleven-month high of 4,125 Yuan/MT as construction activity in China is expected to slow when the weather turns colder. Lead times were reported to be into late January or February 2021. The hardness of a steel is determined by the heat treatment of the blade. This means that every day our reporters are speaking to members of the steel market, understanding what transactions or impactful situations may have occurred that would shift the market.