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Steel Industry News Pricing Poll | Six Scenarios That Could Impact The Outcome

Steel Industry News readers cast 352 votes on where Hot Rolled coil prices finish Q1 2027. A breakdown of the results and the six situations that could break the consensus.

08/05/2026
in Pricing
Steel Industry News Poll

Key Takeaways

  • A combined 352 votes across the Steel Industry News community poll and a parallel LinkedIn poll produced a lopsided directional call on Q1 2027 Hot Rolled Coil, and the agreement between two very different audiences is the finding that matters most.
  • The four price ranges the poll offered sit in a very specific relationship to where the market actually trades this week, and that relationship changes what the headline percentage really means for anyone building a 2027 budget.
  • Six situations could break the consensus between now and March 31, 2027. One was already tested in court this year with a result most buyers misread, and the largest scheduled disruption is not a tariff, a war, or an interest rate.

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Sources

Argus Media, Nucor raises hot-rolled coil prices

IndexBox, Nucor raises hot-rolled coil spot price

World Steel Dynamics, Nucor pauses its HRC spot price hikes

SteelOrbis, Hot Rolled Coil prices, news and analysis

Investing.com, US Midwest hot-rolled coil futures historical data

Holland & Knight, Supreme Court strikes down IEEPA tariffs

Skadden, Tariff refund mechanism takes shape after the IEEPA ruling

Penn Wharton Budget Model, Supreme Court tariff ruling and potential refunds

White & Case, United States modifies steel, aluminum, and copper Section 232 tariffs

Congressional Research Service, Section 232 tariffs on steel and aluminum

GHY International, US adjusts Section 232 tariffs on aluminum, steel and copper

Wiley, President Trump imposes new 50% tariffs on certain Canadian imports

MLT Aikins, What you need to know about the Section 338 proclamations

S&P Global, Middle East shipping insurance costs rise on Hormuz risks

People’s Daily Online, War-risk insurance rates for Strait of Hormuz vessels rise

The National, Ships face higher insurance costs to cross Strait of Hormuz

Federal Reserve, FOMC statement July 29, 2026

CNBC, Fed rate decision July 2026

Advisor Perspectives, Fed interest rate decision July 29, 2026

CBS News, What experts predict for the July Fed meeting

CNBC, Consumer price index inflation report June 2026

Bureau of Labor Statistics, Consumer prices up 3.5 percent over the year ended June 2026

Morgan Stanley, US midterm elections stock market impact 2026

Morgan Stanley, Political trends investors should watch in 2026

Brookings, GOP midterm prospects darken as Trump approval falls

Fastmarkets, US steel HRC supply fears get no comment from mills, legislators

BuildSteel, Nucor mill targets 2027 launch

Recycling Today, Has the US steel sector entered a bullish new era

BLDuke, Mixed signals in July’s scrap market

Disclaimer
The content provided in this article is for general informational purposes only and does not constitute financial, legal, or professional advice. Readers should seek consultation with qualified professionals before making any financial, investment, or legal decisions. We disclaim any liability for losses, damages, or adverse outcomes resulting from decisions made based on the information presented herein.


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Tags: capacitycore inflationEconomyHRCimportsPollPricingscrapSection 232Steelsteel pricing pollSteelIndustrySteelIndustryNewsSteelNewstariffsUS
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