Figure 3

US steel prices are persistently higher than steel prices in foreign markets

Price of hot-rolled band, dollars per metric ton

(Please use a modern browser to see the interactive version of this visualization)

Sources: SteelBenchmarker 2025a, 2025b.

Note: SteelBenchmarker reports US prices east of the Mississippi because “this region is the location of major integrated mills, mini-sheet mills, and ports to which foreign steel is delivered.”