Steel Products Prices North America

Steel Imports Not Affected by Government Shutdown
Written by John Packard
October 13, 2013
Steel Market Update (SMU) asked David Phelps, president of the American Institute for International Steel if there were any issues involving steel imports which our readers needed to be aware. He sent us an email with the following:
“…the Customs officials employed at the ports to process imports and exports are considered essential. The licensing program is not operating, but importers have been notified to send emails to a specific location during the interim. Not having a license is not a prohibition at this point to importing — but of course, the licenses are not due until the final paperwork is due, 10 days later. If folks have disputes as to classification, penalties, etc. those Customs officials are not working and so that part of the CBP is not operating. Line people, all working…On balance, nothing at the docks appears to be affected by the shutdown.”

John Packard
Read more from John PackardLatest in Steel Products Prices North America

Nucor lifts HR coil to $820/ton
Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil for a fourth consecutive week.

Nucor pushes HR spot price to $790/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $790 per short ton (st) on Monday, Feb. 10 – a $15/st bump vs. last week. The Charlotte, N.C.-based company has raised its weekly CSP by $40/st over the past three weeks after maintaining tags at $750/st since Nov. 12, according to SMU’s […]

ArcelorMittal Dofasco increases spot sheet prices
ArcelorMittal Dofasco is raising spot sheet prices by CA$100 per ton (US$70/ton). The Hamilton, Ontario-based flat rolled steelmaker told customers the increase is effective immediately for all new orders. It did not specify to what level this brings its base prices but noted its right to re-quote previous but unconfirmed orders. “We will continue to […]

Nucor raises HR spot price to $775/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $775 per short ton (st) on Monday, Feb. 3. The $15/st week-on-week (w/w) rise marks the first back-to-back increases in the steelmaker’s weekly CSP since last August, according to SMU’s mill price announcement calendar. Nucor’s joint-venture subsidiary California Steel Industries (CSI) is also up […]

Nucor raises HR spot price to $760/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $760 per short ton (st) on Monday, Jan. 21. The $10/st week-on-week (w/w) rise marks the first increase in the CSP since Nov. 12. According to SMU’s mill price announcement calendar, the Charlotte, N.C.-based steelmaker held the weekly price at $750/st for 11 […]