Metals

Steel HRC

Hot-Rolled Coil (HRC) is a flat steel product produced by rolling slabs above recrystallization temperature. It is used in automotive manufacturing, pipelines, structural applications, and as feedstock for cold-rolled and coated products. HRC is the benchmark flat steel product globally.

  • SAE 1006/1008
  • SS400
  • Q235B
  • A36
  • FOB
  • CFR
  • CIF
At a glance

Steel HRC, in brief.

Common origins
  • China
  • India
  • Japan
  • South Korea
  • Russia
Common destinations
  • Vietnam
  • Turkey
  • United States
  • Thailand
  • Indonesia
Grades and specifications
  • SAE 1006/1008
  • SS400
  • Q235B
  • A36
Incoterms
  • FOB
  • CFR
  • CIF
Unit of measure
  • Metric Tons
Price drivers

What moves Steel HRC pricing

Hot-rolled coil prices via Platts/Argus/MEPS regional benchmarks: HRC FOB China, HRC ex-works Northern Europe, HRC FOB Indian, HRC Midwest US. The HRC-iron ore spread (often called 'mill margin') signals integrated mill profitability. Anti-dumping cases reshape flows quarterly: EU safeguard quotas, US Section 232, and various country-specific actions create persistent regional dispersion. Auto demand, construction starts, and white goods orders are the chief end-use drivers.

Contract structure

How Steel HRC cargoes are priced and settled

Standard cargo is 5,000-25,000 tonnes per parcel, with thickness 1.5-12mm and width 900-2,000mm common. Pricing is FOB China or CFR destination plus a mill premium for value-added grades (galvanized, electrical, automotive). Quotational period is typically the month of B/L plus or minus, against a published index.

Quality and disputes

Steel HRC specifications and dispute practice

Common grades: SAE 1006/1008 (commercial), API X42-X70 (line pipe), DD11/DD13 (drawing). Disputes turn on dimensional tolerance, thickness uniformity, and surface quality (scale, scratches). EN 10204 3.1 mill test certificates are universal; some buyers require 3.2 third-party certification at additional cost.

Trade flows

Where Steel HRC comes from and where it goes

Top exporters: China (despite 15% export tax it remains world's largest), Japan, Korea, India, Russia, Turkey, Brazil. Top importers: ASEAN region, EU, Mexico, Middle East, North Africa. The US imports relatively little HRC due to Section 232; Mexican coil flows via USMCA bypass tariffs and have grown dramatically since 2020.

CTX Directory

Who trades Steel HRC?

The CTX Directory maps the companies behind a commodity: producers, traders and buyers, with the decision-makers to unlock. Ask in plain words and see who fits.

More in Metals

Find the counterparties for your next Steel HRC cargo.

Free to start, no card. CTX Premium when you are ready to reach decision-makers.