Press release
Cold Rolled Coil (CRC) Prices, Chart, Index, News and Forecast
Cold Rolled Coil (CRC) Prices
The Cold Rolled Coil (CRC) market in the United States has shown notable price fluctuations between 2023 and 2024, reflecting shifting market dynamics, regional demand patterns, and evolving supply conditions. CRC, commonly used in automotive, appliance, and construction industries, is highly sensitive to economic trends and industrial activity levels.
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In October 2024, CRC prices increased to 1135 USD/MT, up 13% from 1008 USD/MT in October 2023. This surge was primarily driven by temporary supply constraints and localized demand from automotive manufacturers. However, the upward trend did not last. By November 2024, prices dropped to 1104 USD/MT, marking a 10% decline compared to the previous year's 1232 USD/MT. The downward momentum intensified in December, with CRC prices falling sharply to 964 USD/MT, a significant 29% decrease from 1363 USD/MT in December 2023.
These fluctuations highlight the volatility in the CRC market, influenced by factors such as raw material costs, mill output levels, energy prices, and the overall economic climate. The sharp year-end decline suggests a cooling demand across key sectors and improved production rates that outpaced consumption.
Looking ahead, Expert Market Research anticipates that CRC prices will likely remain mixed in 2025, with potential upward pressure in regions experiencing strong economic growth and infrastructure investment. However, global economic uncertainties, geopolitical tensions, and changes in trade policies may contribute to price instability.
Manufacturers and buyers are advised to remain agile, closely monitoring inventory levels and global supply chain conditions. Strategic sourcing, hedging practices, and market intelligence will be essential in navigating the CRC market as it heads into another unpredictable year.
Read More About Cold Rolled Coil (CRC) Price Trend: https://www.expertmarketresearch.com/price-forecast/crc-price-forecast
Global Cold Rolled Coil (CRC) Market: Key Exporters, Importers, and Major Suppliers
The global Cold Rolled Coil (CRC) market operates through a tightly connected network of exporting nations, importing economies, and leading steel producers. CRC is a critical material in the automotive, construction, and manufacturing sectors, making its supply chain highly strategic and sensitive to global industrial trends.
Leading Exporting Countries
Asia dominates the CRC export market, with China leading the way due to its expansive steel manufacturing capacity and government-supported production. South Korea and Japan follow closely, both known for producing high-grade steel products and maintaining strong export relationships. Germany, India, Vietnam, Taiwan, and Italy also serve as major exporters, leveraging their well-developed steel industries and advanced manufacturing technologies. These countries play a crucial role in maintaining the global flow of CRC, especially to regions with limited domestic production.
Leading Importing Countries
CRC consumption is high in industrialized and manufacturing-focused nations. Germany is a top importer, reflecting its robust automotive and engineering sectors. China, despite being a major exporter, also imports specific grades or products of CRC to meet diverse domestic requirements. Other significant importers include the Netherlands, Italy, Mexico, and the USA, where CRC is essential for sectors like construction, white goods, and automotive production. Poland and Belgium also show strong import activity, supporting their growing manufacturing sectors and European distribution needs.
Major Suppliers
The global CRC market is supported by prominent steel companies with strong international presence and integrated production systems. China Baowu Steel Group (Baosteel Group Co.) is the largest CRC supplier from China. ArcelorMittal (Luxembourg), a global steel giant, services numerous regions with a wide product range. POSCO International Corporation (South Korea), Nippon Steel Corporation (Japan), and JFE Steel Corporation (Japan) are key suppliers in Asia, known for their high-quality and specialized CRC products. Other major players include Hyundai Steel Company (South Korea), China Steel Corporation (Taiwan), and AK Steel Holding Corporation (USA), each contributing significantly to the reliability and continuity of global CRC supply.
These exporters, importers, and suppliers collectively ensure a balanced and responsive supply chain that adapts to changing industrial demand across regions.
Ask an Analyst: https://www.expertmarketresearch.com/request?type=report&flag=C&id=8729
Report Scope:
• Historical Price Data and Analysis, 2021-2024
o Historical Price Data - Monthly
o Grade-Wise Price Fluctuation
o Correlation with Feedstock Price Movement
o Key Market Opportunities and Risks
• Price Outlook
o Monthly Price Forecast (Rolling 3-month forecast for 12 months) (3 Month Quarterly Update)
o Long-Term Price Forecast (2 years), 2025-2026
o Price Influencing Factors
• Supply and Demand Analysis
o Global Market Supply Analysis (2021-2026)
o Global Market Demand Analysis (2021-2026)
o Demand-Supply Gap Analysis
o Historical Dynamics (2021-2024)
o Market Dynamics (Drivers and Constraints)
o Top 5 Deficit Countries with Net Import
o Top 5 Surplus Countries with Net Export
• Cost Breakdown of Tin Plate
o Direct Cost
o Indirect Costs
o Tax and Regulatory Costs
o Profit Margin
• Latest Industry News
o Recent Developments
o Geopolitical Events
o Insights From Government Data and Industries Bodies
• Key Macroeconomic Indicators
o GDP Growth
o Inflation Rates
o Currency Exchange Rates
o Impact on Commodity Prices
How Claight Corporation (Expert Market Research) Database Can Help
The latest report by Expert Market Research, "Cold Rolled Coil (CRC) Prices, Trends, Charts, Demand, and Market Analysis - 2025 Edition," offers a comprehensive overview of the global pricing landscape for cold rolled coil (CRC). Designed for industry stakeholders, the study provides detailed historical and forecast price data, highlighting key market shifts and emerging pricing trends.
Drawing from in-depth research, the report analyses the primary factors influencing cold rolled coil (CRC) prices, including fluctuations in raw material availability, changes in production capacity, and macroeconomic or geopolitical developments. Additionally, the report evaluates global and regional demand patterns, outlining how shifts in end-use industries such as construction, paper, and plastics are impacting market dynamics. By examining the supply-demand balance, Expert Market Research's report helps businesses understand the underlying forces shaping current and future pricing environments, offering valuable insights to guide procurement, pricing strategy, and investment planning.
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Email: sales@expertmarketresearch.com
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About Claight Corporation (Expert Market Research):
Expert Market Research is a leading provider of syndicated and custom market intelligence, supporting clients with strategic insights across a broad range of industries. The firm delivers end-to-end research services including demand-supply assessments, pricing and cost analysis (including regional spot prices), feasibility studies, regulatory mapping, and competitive benchmarking. Expert Market Research's geographic coverage spans Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. With a data-driven methodology and deep sectoral expertise, Expert Market Research enables clients to make informed decisions and capture growth opportunities in evolving global markets.
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