Steel Products Prices North America
Inputs Affecting Steel Prices
Written by John Packard
February 4, 2014
During the month of January we saw scrap prices rise $5 to $16 per gross ton compared to December 2013 pricing. Iron ore prices dropped on both 62% Fe and 58% Fe (spot prices are based on Chinese spot sales). Zinc and aluminum prices used to coat galvanized, Galvalume, Galfan, aluminized, ZAM both dropped by the end of the month.
John Packard
Read more from John PackardLatest in Steel Products Prices North America
Nucor holds the line on published HR spot price
The steelmaker has kept its weekly consumer spot price for hot-rolled steel sheet unchanged since Nov. 12.
Nucor’s HR spot price unchanged for 5th week
Nucor’s weekly spot price for hot-rolled (HR) coil will remain at $750 per short ton (st) for a fifth week.
SMU price ranges: Market stable amid post-Thanksgiving glut
Steel sheet prices remain at or near multi-month lows, while plate prices continue edging lower from their mid-2022 peak.
Nucor again holds HR spot price at $750/ton
For the fourth week in a row, Nucor will keep its published spot price for hot-rolled (HR) coil unchanged.
SMU Community Chat: Timna Tanners on ‘Trumplications’ for steel in 2025
Wolfe Research's Managing Director Timna Tanners discusses the 'Trumplications' for steel in the coming year in this week's SMU Community Chat.