Hot rolled coil (HRC) serves as a fundamental component in industries ranging from construction to automotive, known for its strength and formability.
Hot rolled coil price is influenced by economic trends, technological advancements and regulatory changes, impacting its global demand and pricing. In this article, MRS Steel will provide an in-depth introduction to HRC Vietnam as well as update the price list and forecast hot rolled coil futures demand.
Stay ahead in the market with MRS Steel's latest insights on hot rolled coil prices and future demand trends
1. What is hot rolled coils?
Hot rolled coil (HRC) is a type of steel that has been heated above its recrystallization temperature and rolled into a coil. The process of hot rolling helps achieve the desired thickness and shape, making the steel easier to work with due to its malleability. Hot rolled steel typically has a rough surface texture and is less precise in dimension compared to cold-rolled steel.
2. Types of hot-rolled steel coils
There are several types of hot-rolled steel coils, catering to different industrial needs:
Hot-rolled carbon steel coil
Hot rolled carbon steel coils are versatile and come in low, medium and high-carbon grades. These are commonly used in structural applications like beams and channels due to their balance of strength and cost-effectiveness.
Hot-rolled alloy steel coil
Hot-rolled alloy steel coils combine base steel with alloying elements such as nickel, chromium, manganese and molybdenum. These additions enhance mechanical properties like strength, toughness, and resistance to corrosion and wear. This type of steel is commonly used in demanding applications, including heavy machinery, pressure vessels and high-performance automotive parts, where durability and robustness are essential.
Hot-rolled stainless steel coil
Stainless steel coils provide excellent corrosion resistance and durability. Grades like 304 and 316 are widely used in food processing, chemical industries, and marine applications.
Choose the right hot rolled coil for your project - optimize performance and efficiency with the perfect steel grade
Geometric dimensions standard
Thickness T(mm) | Thickness tolerances ∆W(mm) | Width tolerances ∆W (mm) | Wedge (μm) | Camber (mm) | Telescopicity Te(mm) | Crown C40(μm) | Flatness (I-Units) | ||||||
Width W (mm) | 900≤W<1000 | 1000≤W<1250 | 1250≤W<1500 | ||||||||||
900≤W<1200 | 1200≤W<1500 | min | max | min | max | min | max | ||||||
1,25≤T<1,60 | ±0,050 | ±0,060 | +0 | +20 | +0 | +20 | +0 | +25 | ±30 | Max 3/2000 | ±35 max | ±50 | ≤100 |
1,60≤T<2,00 | ±0,050 | ±0,060 | ±30 | ±50 | ≤100 | ||||||||
2,00≤T<2,50 | ±0,050 | ±0,060 | +0 | +15 | +0 | +15 | +0 | +20 | ±40 | ±60 | ≤90 | ||
2,50≤T<3,15 | ±0,060 | ±0,070 | ±40 | ±60 | ≤90 | ||||||||
3,15≤T<4,00 | ±0,060 | ±0,070 | ±45 | ±60 | ≤90 | ||||||||
4,00≤T<5,00 | ±0,060 | ±0,070 | ±45 | ±70 | ≤80 | ||||||||
5,00≤T<6,00 | ±0,070 | ±0,085 | ±45 | ±70 | ≤80 | ||||||||
6,00≤T<8,00 | ±0,070 | ±0,085 | ±50 | ±80 | ≤60 | ||||||||
8,88≤T<10,00 | ±0,080 | ±0,100 | ±50 | ±80 | ≤60 | ||||||||
10,00≤T<12,00 | ±0,080 | ±0,100 | ±50 | ±80 | ≤60 |
3. Uses of hot rolled steel coils
Hot rolled coils are versatile in their applications. They are crucial in construction for creating robust structures such as beams and columns. In the automotive industry, they are used for manufacturing body panels and chassis. Other notable uses include shipbuilding, pipe manufacturing and the production of agricultural equipment due to their strength and formability
4. Choosing the appropriate hot rolled coil
Choosing the appropriate hot rolled coil (HRC) for your project involves several critical considerations that ensure you select the most suitable type based on the specific requirements of your application.
Assess the application requirements
The first step in choosing the right hot rolled coil is understanding the demands of your project. Different types of HRCs, such as Commercial Quality (CQ), Structural Quality (SQ) or Drawing Quality (DQ), offer varying levels of strength, ductility and formability. For instance, if the project involves structural components that bear loads, SQ would be ideal due to its higher strength.
Strength and toughness
Projects requiring high strength and durability should opt for higher grades like SQ. This type withstands more significant stress and is suitable for construction applications.
Formability and ductility
If the project requires extensive bending or shaping, DQ is preferable because of its high ductility, making it easier to form into complex shapes without cracking.
Evaluate surface quality and dimensional tolerances
Hot rolled coils generally have a rougher surface and less precise dimensions compared to cold-rolled coils. If the aesthetic quality of the surface is a concern or if precise dimensions are critical, additional processing might be needed, or a different type of steel may be more appropriate.
Find the perfect hot rolled coil for your project by matching strength, formability and surface quality
Cost considerations
CQ (commercial quality) is generally less expensive than SQ (structural quality) or DQ (drawing quality) and may be sufficient for projects where high durability and precise dimensions are not critical. This makes CQ a cost-effective option for general-purpose applications.
Supplier and availability
Availability of specific types of HRC can vary, and it’s crucial to choose a reliable supplier who can provide the grade you need with consistent quality. Also, consider lead times and the location of the supplier in relation to your project site to minimize logistics costs and delays.
5. Forecasting the demand for hot rolled coil futures
The hot-rolled coil (HRC) market is a critical segment of the steel industry, with significant demand driven by various sectors including automotive, construction, manufacturing, and energy. According to the World Steel Association, global steel demand is expected to grow by 1.9% in 2024, reaching approximately 1,849 million tonnes, up from around 1,814 million tonnes in 2023. This growth is primarily attributed to ongoing industrialization and infrastructure projects in emerging economies, particularly in the Asia-Pacific region.
In Vietnam, the HRC market is poised for growth, driven by the country's expanding industrial base and infrastructure projects. Key market statistics for Vietnam indicate strong production and consumption trends, with increasing capacity utilization and a focus on exporting HRC to regional markets. Hoa Phat and Formosa are the two largest HRC manufacturing mills in Vietnam and are also among the top 100 largest steel enterprises in the world, increasingly investing in production processes, bringing quality HRC products.
6. Latest hot rolled steel coil prices at MRS Steel
As of the most recent updates, the prices for hot rolled steel coils at MRS Steel vary significantly based on the type, size and specific requirements of the product. Additionally, market trends, raw material costs and demand fluctuations also impact the pricing.
Customers can explore a range of options tailored for various industrial and construction needs, ensuring competitive rates and quality assurance. For the most accurate and up-to-date pricing, it’s recommended to contact MRS Steel directly.
Get the latest hot rolled coil prices - contact MRS Steel for real-time updates and competitive offers
Hot rolled steel coil is a vital resource across industries, from construction to automotive and beyond. At MRS Steel, we are committed to providing high-quality HRC tailored to meet your unique project needs. Whether you're looking for commercial, structural, or drawing quality steel, we ensure competitive pricing, reliable supply and exceptional customer service. Contact MRS Steel via WhatsApp: +84 76 911 2358 or Email: vanloc@mrssteel.com.vn to find the perfect HRC solution for your business needs.