2026年3月終了の四半期
北米の冷延コイル価格
- アメリカ合衆国では、冷延コイル価格指数は上昇した。9.86%四半期ごとに、厳しい製紙工場の値上げを反映して。
- 四半期の平均冷延コイル価格は約USD 1244.00/MT業界の評価によると。
- 冷延コイルのスポット価格は、製鉄所がスポットトンを引き下げたために堅調となり、契約交渉とプレミアムを支援した。
- 冷延コイル価格予測は、自動車の在庫補充と制約されたスポット在庫によって春の上昇を示しています。
- 冷間圧延コイルの生産コスト動向抑制される；スクラップと鋳鉄は横ばいで、変換コストを抑制。
- 冷間圧延コイルの需要見通しは、自動車および家電の在庫補充が住宅建設活動を相殺するため、引き続き建設的な状態を維持しています。
- 冷延コイル価格指数は、在庫の少なさと輸入到着の減少によって支えられ、現物プレミアムを維持している。
- 国内製粉所の利用率がターゲットリストの増加とともに、輸出需要と運賃リスクがポジショニングを形成した。
なぜ2026年3月に北米で冷延コイルの価格が変動したのですか？
- 3月の自動車コイルのより強い引き合いが商社の在庫を圧縮し、緊急性を高め、現物プレミアムを上昇させた。
- 運賃と保険料の上昇により輸入到着コストが増加し、国内製紙所に為替変動の圧力を加えた。
- サービスセンターは在庫を早期に再構築し、その後、手元資金での買い付けに移行し、3月の追加上昇を抑えた。
APACにおける冷延コイル価格
- インドネシアでは、冷延コイル価格指数は上昇した8.34%前四半期比で、より厳しい輸入を反映して。
- 四半期の平均冷延コイル価格は約USD 615.00/MTさまざまな起源にわたって。
- 輸入依存の冷延コイルのスポット価格は、予約枠の逼迫とサービスセンターの在庫不足の中で堅調に推移した。
- 観測された冷延コイル価格指数の上昇は、運賃追加料金、セーフガード関税、中国のHRCを反映している。
- 冷延コイル生産コストの傾向は、コークス炭とHRCコストの増加により、提示価格に圧力をかけている。
- 冷間圧延コイルの需要見通しは、自動車、家電、インフラの補充が引き続き需要を支えるため、引き続き前向きな状態を維持しています。
- 短期的な冷延コイル価格予測は、輸入流動性の変動と再稼働の中でより堅調な値を示唆している。
- サービスセンター在庫とPTクラカタウスティールの再稼働はインドネシア冷延コイル価格指数に影響を与える。
なぜ2026年3月にAPACで冷延コイルの価格が変動したのか？
- 中国の製鉄所の保守と安全保障の義務が減少し、HRCの供給可能量が減少し、輸入が締め付けられ、到着コストが上昇した。
- 自動車および家電の在庫補充はサービスセンターからの引き上げを増加させ、ラマダン前の在庫補充を促した。
- 貨物追加料金、より堅固なコークス炭コストおよび港予約の逼迫が、到着コストを引き上げ、スポットの利用可能性を制約した。
ヨーロッパにおける冷延コイル価格
- ドイツでは、冷延コイル価格指数は上昇した12.42%前四半期比で、供給の引き締まりを反映して。
- 四半期の平均冷延コイル価格は約USD 853.67/MT, Ruhr assessments.
- Cold Rolled Coil Spot Price firmed as mills passed higher feedstock and energy costs further downstream.
- Cold Rolled Coil Production Cost Trend rose due to iron ore, shipping surcharges, electricity tariffs.
- Cold Rolled Coil Demand Outlook shows cautious buying as automotive restocking offsets subdued construction demand.
- Cold Rolled Coil Price Forecast indicates modest gains followed by seasonal correction and quota-driven volatility.
- Depleted service-centre stocks and export enquiries supported the Cold Rolled Coil Price Index this quarter.
- Major German mills ran scheduled production post-maintenance, preserving tight spot availability for Cold Rolled Coil.
Why did the price of Cold Rolled Coil change in March 2026 in Europe?
- Tighter substrate availability and curtailed reroller output constrained Cold Rolled Coil supply, supporting upward pressure.
- Iron ore, shipping surcharges and energy costs elevated Cold Rolled Coil production expenses, pressuring prices.
- CBAM documentation delays and Red Sea routing risks tightened availability, encouraging cautious buying and replenishment.
Cold Rolled Coil Price in South America
- In Brazil, the Cold Rolled Coil Price Index rose by 5.68% quarter-over-quarter, reflecting stronger import offers.
- The average Cold Rolled Coil price for the quarter was approximately USD 719.33/MT, reflecting CFR Santos market levels.
- Cold Rolled Coil Spot Price volatility eased as falling freight and steady Asian offers increased landed availability, prompting buyer competition.
- Cold Rolled Coil Price Forecast points to short-term firmness then potential softening driven by inventory normalization signals.
- Cold Rolled Coil Production Cost Trend remained subdued as iron ore and energy input prices stayed broadly stable during the quarter.
- Cold Rolled Coil Demand Outlook is cautious; automotive pre-buying partially offsets construction weakness and service-center destocking trends.
- Cold Rolled Coil Price Index readings shifted from January strength to March weakness amid elevated inventories and destocking pressures.
- Uninterrupted import flows and aggressive Asian offers pressured domestic negotiation dynamics, while mills retained selective export allocation and tactical discipline.
Why did the price of Cold Rolled Coil change in March 2026 in South America?
- High service-center inventories prompted aggressive discounting, undermining spot bids and pressuring domestic CFR levels broadly.
- Reduced freight rates lowered landed parity, enabling competitive Asian offers to undercut importers' pricing negotiations.
- Muted downstream consumption and Carnival-related slowdowns reduced buying urgency, allowing sellers to concede price concessions.
For the Quarter Ending December 2025
Cold Rolled Coil Price in North America
- In USA, the Cold Rolled Coil Price Index rose by 1.4635% quarter-over-quarter, reflecting tighter mill output.
- The average Cold Rolled Coil price for the quarter was approximately USD 1132.33/MT, reported level.
- Cold Rolled Coil Spot Price firmed on extended mill lead times and constrained service-center inventories.
- Cold Rolled Coil Price Forecast implies modest upside; restocking and mill pricing power balance demand.
- Cold Rolled Coil Production Cost Trend tightened due to scrap and HRC feedstock, pressuring margins.
- Cold Rolled Coil Demand Outlook positive from automotive and appliance restocking; construction demand remains weak.
- Cold Rolled Coil Price Index remained supported by low service-center inventories and Section 232 constraints.
- Mill outages and extended lead times elevated offers, aligning with Cold Rolled Coil Price Forecast.
Why did the price of Cold Rolled Coil change in December 2025 in North America?
- Domestic mill outages and tight scrap supplies reduced CRC availability, pushing spot offers, extending leadtimes.
- Protective tariffs and limited imports preserved domestic pricing power, service centers restocked aggressively before January.
- Increased raw-material costs, longer logistics, and resilient automotive demand supported price gains despite construction weakness.
Cold Rolled Coil Price in APAC
- In Indonesia, the Cold Rolled Coil Price Index rose by 2.59% quarter-over-quarter, supported by imports.
- The average Cold Rolled Coil price for the quarter was approximately USD 567.67/MT, reflecting imports.
- Cold Rolled Coil Spot Price softened as abundant imports and weak purchasing pressured domestic offers.
- Cold Rolled Coil Price Forecast shows modest upside if HRC tightens and import arrivals normalize.
- Cold Rolled Coil Production Cost Trend held as HRC conversion margins fluctuated, constraining mills' pricing.
- Cold Rolled Coil Demand Outlook stayed subdued with weak automotive and appliance procurement, limiting restocking.
- Cold Rolled Coil Price Index stayed rangebound as balanced supply and cautious buying limited volatility.
- Export demand remained tepid; mills operated cautiously, inventories elevated, Korea offers pressured domestic prices further.
Why did the price of Cold Rolled Coil change in December 2025 in APAC?
- Abundant North Asian imports increased Indonesian inventories and suppressed domestic offers, limiting sellers' pricing power.
- Stable HRC feedstock costs capped conversion-driven cost increases, preventing meaningful upward pressure on CRC offers.
- Muted automotive and construction procurement promoted hand-to-mouth buying, reducing restocking and keeping CRC demand subdued.
Cold Rolled Coil Price in Europe
- In Germany, the Cold Rolled Coil Price Index rose by 5.61% quarter-over-quarter, mills constrained supply.
- The average Cold Rolled Coil price for the quarter was approximately USD 759.33/MT, Ruhr assessment.
- Cold Rolled Coil Spot Price held at assessments as domestic offers tightened while imports available.
- Cold Rolled Coil Price Forecast shows modest firmness as mills manage output and distributors restock.
- Cold Rolled Coil Production Cost Trend showed lower HRC, higher energy and carbon compliance costs.
- Cold Rolled Coil Demand Outlook remains mixed as automotive caution offsets appliance and packaging restocking.
- Service centre inventories, export demand influenced the Cold Rolled Coil Price Index, limiting price spikes.
- Planned mill maintenance and CBAM compliance costs tightened supply, supporting Cold Rolled Coil Price Index.
Why did the price of Cold Rolled Coil change in December 2025 in Europe?
- Constrained mill output and strategic capacity reductions limited domestic availability, underpinning modest price recovery.
- Steady imports from Turkey and Korea balanced supply, while anti-dumping measures limited cheaper Chinese volumes.
- Energy and carbon compliance costs rose, while automotive procurement remained cautious, keeping upward moves contained.
Cold Rolled Coil Price in South America
- In Brazil, the Cold Rolled Coil Price Index rose by 10.26% quarter-over-quarter, driven by stronger mill offers and quota constraints.
- The average Cold Rolled Coil price for the quarter was approximately USD 680.67/MT, based on CFR Santos trade and observations
- Cold Rolled Coil Spot Price showed weekly stability while import flows maintained pressure on domestic offers.
- Cold Rolled Coil Price Index fluctuations reflected quota utilisation, import volumes and balanced domestic mill production schedules.
- Cold Rolled Coil Production Cost Trend remained subdued as metallic feedstock prices eased, supporting mill margin preservation.
- Cold Rolled Coil Demand Outlook appeared muted with subdued construction and automotive purchasing limiting upside potential.
- Cold Rolled Coil Price Forecast indicates rangebound movement near current levels as inventories and imports remain influential.
- Cold Rolled Coil Price Index strength late quarter reflected temporary restocking and tighter service center availability.
Why did the price of Cold Rolled Coil change in December 2025 in South America?
- Import availability from Asia remained steady, keeping landed costs predictable and largely suppressing spot inflation.
- Domestic mill output discipline and quota enforcement reduced immediate import competitiveness, supporting marginal price gains.
- Subdued downstream demand and comfortable service center inventories limited buying, constraining significant near-term upward pressure.
For the Quarter Ending September 2025
North America
- In USA, the Cold Rolled Coil Price Index fell by 6.32% quarter-over-quarter, reflecting persistent oversupply.
- The average Cold Rolled Coil price this quarter was approximately USD 1116.00/MT, reflecting regional transactions.
- Cold Rolled Coil Spot Price weakness paralleled softer mill lists, keeping the Price Index pressured.
- Cold Rolled Coil Production Cost Trend muted as HRC feedstock eased, limiting cost-driven price increases.
- Cold Rolled Coil Demand Outlook weak with automotive and construction purchases below typical seasonal benchmarks.
- Cold Rolled Coil Price Forecast suggests autumn stability conditional on restocking and improved order flow.
- Section 232 tariffs limited imports and elevated service centre inventories constrained domestic Price Index recovery.
- Mill operating rates near eighty percent sustained availability, keeping supply ample and limiting price volatility.
Why did the price of Cold Rolled Coil change in September 2025 in North America?
- Elevated mill throughput and shipments increased supply availability, exerting downward pressure on regional Price Index.
- Service centres deferred restocking as automotive and construction orders remained weak, limiting transactional demand recovery.
- Stable feedstock costs and compressed lead times curtailed cost-push inflation, maintaining a range-bound market overall.
APAC
- In Indonesia, the Cold Rolled Coil Price Index rose by 4.93% quarter-over-quarter, driven by exports.
- The average Cold Rolled Coil price for the quarter was approximately USD 553.33/MT measured locally.
- Cold Rolled Coil Spot Price showed volatility while the Price Index signalled tightening domestic supply.
- Cold Rolled Coil Price Forecast indicates firmness while Production Cost Trend rises on feedstock pressures.
- Cold Rolled Coil Demand Outlook supported by infrastructure spending, bolstering the Price Index amid restocking.
- Inventory builds at Tanjung Priok and robust export demand influenced Cold Rolled Coil Price Index.
- Major mill operating rates stayed high; rerollers prioritised exports, pressuring Cold Rolled Coil spot availability.
- Logistics bottlenecks and higher demurrage costs, alongside rupiah volatility, lifted landed costs Cold Rolled Coil.
- Short-term trading expected range-bound as imports and conversion costs moderate Cold Rolled Coil Price Index.
Why did the price of Cold Rolled Coil change in September 2025 in APAC?
- Tighter domestic hot-rolled availability and higher feedstock costs reduced supply, supporting Cold Rolled Coil prices.
- Chinese export flows swelled Indonesian port inventories, and logistics delays with demurrage raised landed costs.
- Robust infrastructure demand prompted distributor restocking despite ample imports, tightening near-term availability and firming prices.
Europe
- In Germany, the Cold Rolled Coil Price Index fell by 7.66% quarter-over-quarter, reflecting persistent oversupply
- The average Cold Rolled Coil price for the quarter was approximately USD 719.00/MT, Q3 Ruhr
- German Cold Rolled Coil Spot Price held flat as mills balanced shipments; buyers stayed cautious
- The Cold Rolled Coil Price Forecast is cautious, given seasonal shutdowns and persistent import competition
- Rising energy and conversion charges lifted the Cold Rolled Coil Production Cost Trend this quarter
- The Cold Rolled Coil Demand Outlook remains weak as automotive destocking pressures the Price Index
- Service-centre stocks rose and cheap HRC imports constrained margins, weighing on export flows and pricing
- Major German mills ran scheduled rolling, limiting spot availability and exerting selective support to offers
Why did the price of Cold Rolled Coil change in September 2025 in Europe?
- Ramp-up of European capacity and low-cost imports generated oversupply, thereby reducing Cold Rolled Coil ordering
- Energy tariffs and conversion charges increased production costs, keeping mill offers elevated despite weak demand
- Smooth logistics and steady FX preserved import parity, while OEM summer shutdowns delayed restocking recovery
South America
- In Brazil, the Cold Rolled Coil Price Index rose by 8.8% quarter-over-quarter, reflecting quota tightening.
- The average Cold Rolled Coil price for the quarter was approximately USD 617.33/MT, reflecting quotas.
- Cold Rolled Coil Spot Price rose after BRL depreciation and quota limits elevated landed parity.
- Inventory tightening and port congestion underpinned the Cold Rolled Coil Price Forecast for near-term firmness.
- Mills reported steady electricity and scrap, keeping the Cold Rolled Coil Production Cost Trend stable.
- Cold Rolled Coil Demand Outlook muted as automotive weakness offsets distributor rebuilding and export interest.
- Service-centre stocks stayed high, so the Cold Rolled Coil Price Index signalled largely range-bound conditions.
- Santos logistics supported flows, but quota caps and slab shortages maintained upward pressure on prices.
Why did the price of Cold Rolled Coil change in September 2025 in South America?
- Quota tightening, lower slab output constrained availability, elevating import parity and supporting spot premiums.
- Inventory drawdowns and increased export flows reduced local availability, despite automotive and manufacturing demand.
- BRL depreciation and mill costs raised landed costs, while ports operated normally supporting resilience.
For the Quarter Ending June 2025
North America
- The Cold Rolled Coil Price Index in the USA declined by 2.4% quarter-over-quarter in Q2 2025, primarily driven by weakening demand in the automotive, HVAC, and home appliance sectors.
- Inventories at service centers remained elevated, with destocking continuing throughout the quarter, further dampening mill order books.
- The Cold Rolled Coil Production Cost Trend remained steady, with input HRC prices relatively stable and no significant disruptions in domestic logistics or labor.
- Import pressure from Mexico and South Korea added pricing pressure, especially for spot orders in the Midwest and Gulf Coast regions.
- Demand recovery lagged behind expectations, and procurement strategies shifted to shorter-term contracts and minimal stockpiling.
Why did the price of Cold Rolled Coil change in July 2025 in the USA?
- The Cold Rolled Coil Spot Price in July 2025 likely stayed under pressure as service centers continued cautious purchasing, reflecting a conservative outlook across industrial segments.
- Automotive production schedules were trimmed in early July, and HVAC demand remained below seasonal averages.
- The Cold Rolled Coil Price Forecast indicated limited upside without significant mill curtailments.
- The Cold Rolled Coil Demand Outlook remained sluggish, with restocking deferred amid expectations of better deals in Q3.
APAC
- The Cold Rolled Coil Price Index in Indonesia dropped sharply by 18.3% quarter-over-quarter in Q2 2025, reflecting oversupply in the domestic market and competitive regional export offers.
- Local mills faced intense pricing competition from Chinese CRC suppliers, who were aggressively pricing into Southeast Asia.
- The Cold Rolled Coil Production Cost Trend declined due to falling hot rolled coil input costs, easing energy rates, and increased operational efficiency across integrated mills.
- Domestic demand weakened, particularly from construction, white goods, and downstream fabrication sectors, while export realizations remained under pressure due to currency fluctuations.
- High port inventories and slower customs clearance further contributed to the glut, driving prices lower throughout the quarter.
Why did the price of Cold Rolled Coil change in July 2025 in Indonesia?
- The Cold Rolled Coil Spot Price in July 2025 likely declined further as mills ramped up discounts to clear high inventories.
- Buyer sentiment remained weak due to inflationary pressures and financing difficulties among downstream buyers.
- The Cold Rolled Coil Price Forecast signaled further softness unless coordinated production cuts materialize.
- The Cold Rolled Coil Demand Outlook for Q3 is fragile, with limited visibility on industrial orders and inconsistent export booking volumes.
Europe
- The Cold Rolled Coil Price Index in Germany registered a slight increase of 0.4% quarter-over-quarter in Q2 2025, as demand from key segments such as automotive and mechanical equipment showed gradual improvement.
- Domestic producers benefited from reduced import volumes from Turkey and Eastern Europe due to tighter EU import regulations and geopolitical uncertainties.
- The Cold Rolled Coil Production Cost Trend remained stable, with predictable energy prices and consistent supply of input HRC.
- Purchasing activity increased modestly in May and June, led by restocking from small- to mid-sized manufacturing firms in northern Germany.
- Capacity utilization improved at major mills, though export demand to neighboring countries remained mixed.
Why did the price of Cold Rolled Coil change in July 2025 in Germany?
- The Cold Rolled Coil Spot Price in July 2025 is estimated to have held firm, supported by stable domestic mill order books and improved confidence among buyers.
- Automotive and engineered goods producers maintained consistent order placements, even as construction-related CRC demand stayed subdued.
- The Cold Rolled Coil Price Forecast suggested price stability through mid-Q3 unless there is a surge in import arrivals or energy cost volatility.
- The Cold Rolled Coil Demand Outlook remains cautiously optimistic, underpinned by resilient industrial output and a modest rebound in export-oriented sectors.
