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المشهد العربي
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المشهد العربي

2026-11-14T10:27:14.000Z

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Steel Hits 4-Year Peak

Steel Hits 4-Year Peak

U.S. steel prices have surged to their highest level in more than four years, with hot-rolled coil rising 52% over 12 months to $1,255 per short ton—the highest since May 2022. Fastmarkets data attributed the increase to 50% tariffs, which helped drive finished-steel imports down 14% to 13 million tons in the first nine months of 2026. Estimates warned of further supply pressures as mills cut production for maintenance, potentially reducing output by more than one million tons between September and December.

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