From January to March, prices for hot rolled coil carbon steel rose 25.0%, compared to a 5.0% increase in the same period last year.

FORBES: Second-Quarter Looks Bright For Reliance Steel

If so, the price of hot-rolled coil one of the most common steel products could rise by as much as 15%, on top of the sharp spike in prices seen since 2002 (see chart).

ECONOMIST: Enjoy it while it lasts | The