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The price of a 1/8-inch steel sheet can vary significantly depending on multiple factors such as the type of steel, the supplier, the quantity purchased, and the current market conditions for raw materials. As of the most recent data available in 2023, steel prices have been influenced by global economic conditions, geopolitical tensions, and supply chain disruptions brought on by events such as the COVID-19 pandemic and other international conflicts.
Typically, plain carbon steel sheets of 1/8-inch thickness are popular in various industrial applications due to their strength, durability, and cost-effectiveness. The cost per square foot can range anywhere from $0.40 to $1.00, or even higher, particularly for steel with specific treatments or coatings that enhance properties like corrosion resistance.
The pricing often depends on the type of steel used. For instance, stainless steel sheets will generally cost more than plain carbon steel sheets due to the addition of elements like chromium, which provides increased resistance to corrosion and staining. Similarly, demand for specialty steel like Alloy or Galvanized Steel can cause fluctuations in pricing due to added properties or treatments. Moreover, purchasing patterns also play a crucial role in determining the price per unit of a 1/8-inch steel sheet. Bulk purchases typically lead to significant discounts, and long-term contracts with suppliers could also result in more competitive pricing per unit. Additionally, local steel tariffs and taxes can further influence prices. Buyers situated within countries that impose heavy duties on steel imports might find local prices to be heightened accordingly.
To summarize, while a generalized average price estimate suggests a range from $0.40 to $1.00 per square foot for a 1/8-inch steel sheet, the exact price point one may encounter is determined by a confluence of variables. Buyers should consider checking real-time price listings from a variety of suppliers to gain a better perspective of the prevailing market rates. Furthermore, consultation with industry experts or material specialists might also provide valuable insights into the ideal purchasing strategies and timing to accommodate budgetary constraints and project requirements.
This report provides an in-depth analysis of the global market for flat hot-rolled steel coils. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
This report provides an in-depth analysis of the global market for flat hot-rolled steel coils.
Global Hot-Rolled Plate Or Sheet Market Report 2018. This report provides an in-depth analysis of the global market for hot-rolled plate or sheet.
This report provides an in-depth analysis of the global flat-rolled steel coils market.
This report provides an in-depth analysis of the global hot-rolled steel products market.
Nucor, a top US steel manufacturer, raised its HRC base price to $860/tonne from February 24, 2025. Highlights include price strategies reflecting market trends and rising material costs.
Learn about the expected growth in the market for flat hot-rolled steel coils over the next decade driven by rising global demand. By 2035, the market volume is projected to reach 331M tons and the market value to reach $296.2B.
Discover the forecasted growth of the global market for flat hot-rolled steel coils, driven by increasing demand worldwide. By 2030, the market volume is projected to reach 324M tons and the market value to $282.5B.
Discover the projected growth of the global flat hot-rolled steel coils market, with a forecasted increase in market volume to 325M tons and market value to $283.1B by 2030, driven by rising demand worldwide.
Explore the 3.7% increase in US steel imports in 2024, fueled by rising rolled steel imports amidst declining domestic production.
Discover the top countries importing Flat Hot-Rolled Steel Coils and the key statistics in the global steel industry.
Learn about the projected growth in the global market for flat-rolled steel coils, with an expected increase in consumption over the next decade. Anticipated CAGR values and market volume and value projections are discussed.
Learn about the expected growth in the flat-rolled steel coils market over the next six years, with a projected increase in market volume and value by 2030.
Explore the top 10 countries by import value of flat-rolled steel coils in 2023. Learn about the key players in the global market for steel coils.
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