Global prices for hot-rolled coils fell by 1.7% in May 2025, reflecting weaker demand and cautious purchasing activity across major markets. European producers faced downward pressure as buyers hesitated to commit to new orders, anticipating further price reductions.
In North America, prices dropped from $800-850 per metric ton at the beginning of May to $760-805 per metric ton by the end of the month. Mills adjusted pricing strategies to remain competitive amid economic uncertainty.
Asian suppliers maintained stable pricing, though trade volumes remained subdued due to cautious sentiment among buyers. Market participants expect further adjustments in June as steelmakers evaluate production levels in response to shifting demand trends.
