Cold Rolled Steel Sheet Price Trend and Forecast

Cold Rolled Steel Sheet Regional Price Overview

Get the latest insights on price movement and trend analysis of Cold Rolled Steel Sheet in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).


Cold Rolled Steel Sheet Price Trend for Second Half of 2023

Cold rolled steel sheet has extraordinary strength, and durability and thus it is used in many industrial applications. These applications include the manufacturing of machinery, furniture, and other consumer goods such as appliances, construction, roofing, siding, and automobiles, where they are used for body panels and other components. These industries thus acquire the major share among the market drivers of cold rolled steel sheets and have a significant influence on the trajectory of its prices.

Cold Rolled Steel Sheet Price Chart

Cold Rolled Steel Sheet Price Trends

Please Login or Subscribe to Access the Cold Rolled Steel Sheet Price Chart Data

In the later months of 2023, the China Iron and Steel Association projected a limited growth in steel prices due to the onset of the off-season for steel consumption driven by the winter weather. Although steel production declined, it failed to meet market expectations, exacerbating the supply-demand imbalance further in the last quarter of the year.

Daily steel production at CISA member mills decreased by 4.2% from November to December alone, signaling a downward trend. In addition to this, the steel stocks in trader's warehouses decreased consistently in the third and fourth quarters of 2023, while those held by domestic producers increased, indicating trader inactivity and exerting pressure on the domestic cold rolled steel sheet price trend.

Further, rising prices for steel raw materials added pressure on the production costs despite slower steel price growth. Thus, on account of the limited availability of the product and scarcity of raw materials along with the rise in the downstream demand of cold rolled steel sheets, the prices of the commodity inclined gradually throughout H2 of 2023.

Analyst Insight

According to Procurement Resource, the price trend of Cold Rolled Steel Sheet is expected to be based on the positive momentum of the downstream industries and inclination in the cost of raw materials.

Cold Rolled Steel Sheet Price Trend for the First Half of 2023

Cold Rolled Steel Sheets are a more processed form of steel sheets using cooling and annealing processes, which are primarily used in engineered products that require high tolerances, concentricity, straightness, and surface conditions. So, the downstream demands from various industrial machinery, automobiles, and appliance sectors determine the Cold Rolled Steel Sheet’s market fundamentals.

In the Chinese domestic market, the Cold Rolled Steel Sheet prices stood at an average of about 666 USD/MT in January’23, which further inclined to about 698 USD/MT by the end of the first quarter. However, the prices declined and ended the second quarter at an average of about 628 USD/MT.

Similarly, in the Indian domestic market, the average spot prices increased by about 5% till April 2023 and then declined to about 747 USD/MT in June 2023. Hence, the Cold Rolled Steel Sheet observed mixed market sentiments throughout the said period, with prices mostly inclining in the first quarter and declining in the second.

Analyst Insight

According to Procurement Resource, with fluctuating demands from the downstream sectors, the Cold Rolled Steel Sheet prices will continue to fluctuate in the upcoming months as well.

Procurement Resource provides latest prices of Cold Rolled Steel Sheet. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Platform Sample

Please Login or Subscribe to explore our dashboard.

About Cold Rolled Steel Sheet

Cold Rolled Steel Sheet are typically utilised for engineered products where high tolerances, concentricity, straightness and surface condition are required. The term ‘cold rolled’ basically refers to the rolling of flat-rolled sheet and coil products. The production process of cold rolled steel produces steel with closer dimensional tolerances and a broader range of surface finishes. Thus, cold-rolled steel offers superior strength and machinability.

Cold Rolled Steel Sheet Product Details

Report Features Details
Product Name Cold Rolled Steel Sheet
Industrial Uses Industrial machinery, Architectural components, Automobiles, Washing machines, Refrigerators
Supplier Database JSW Steel Coated Products Limited, Jindal Stainless Steelway Limited, Tata Iron Syndicate, Gaurang Product Private Limited, Shri Laxmi Steel Suppliers
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes 
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Cold Rolled Steel Sheet Production Process

  • Production of Cold Rolled Sheets via Cooling and Annealing

In cold reduction mills, hot rolled steel is further processed and the material is cooled followed by annealing and/or tempers rolling, thus forming cold rolled steel, which is further processed to obtain the desired product.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

Table Of Contents

Our Clients


Get in Touch With Us


Phone:+1 307 363 1045


Phone: +91 1203185500


Phone: +44 7537 132103



Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.