The recent price increase from US domestic flats mills hasn’t really gained any traction, but sources close to SteelOrbis have confirmed that the announcement did seem to create a firm bottom. The average spot price for US domestic HRC remains in the approximate range of $23.00-$24.00 cwt. ($507-$529/mt or $460-$480/nt) ex-Midwest mill, but there have been a growing number of rumors that US mills may roll out another price increase as a means of getting the last one to gain acceptance.
| Cwt. | Metric Ton (mt) | Net ton (nt) | Change from last week | |
| US ex-mill spot price | ||||
| HRC | $23-$24 | $507-$529 | $460-$480 | neutral |
| Turkey* | ||||
| HRC | $20-$22 | $441-$485 | $400-$440 | neutral |
| Australia* | ||||
| HRC | $20-$22 | $441-$485 | $400-$440 | neutral |
| Brazil* | ||||
| HRC | $20-$22 | $441-$485 | $400-$440 | neutral |
| *DDP loaded truck US Gulf Coast ports | ||||