applied value quarterly steel report

Normalization Ahead?

Supply Crunch appears to be softening for U.S. HRC

HRC prices fell globally in Q4 ’21; U.S. declines likely to persist during Q1 ’22

Indexed Hot-rolled Coil Costs graph
US, EU, CN prices spread graph

Steelmakers in the U.S., EU plan to add capacity in 2022

US, EU Plan to Add Capacity table
(left) North American Mill Share of Capacity pie chart; (right) European Mill Share of Capacity pie chart
North American Mill Share of Capacity pie chart
European Mill Share of Capacity pie chart
Applied Value is a Management Consulting Firm with Significant Steel Industry Expertise; Contact: Justin.Leopold@appliedvalue.com