Steel Products Prices North America
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Lake Superior Convoy Arrives in Minnesota
Written by Sandy Williams
April 15, 2014
The convoy of freighters headed to Minnesota under US and Canadian Coast Guard escort arrived safely on Monday morning. The ships dispersed to begin loading iron ore pellets and to queue up for the return convoy east across the Great Lakes to the mills.
USCG Mackinaw is expected to depart Duluth this afternoon to escort the American Spirit, Walter J. McCarthy, Jr., CSL Tadoussac, St. Clair, and Presque Isle back across Lake Superior, according to the shipping schedule at www.duluthboats.com.
Steel Market Update will continue to track iron ore vessels and report on the ice conditions which have affected shipments to Essar Steel Algoma as well as US Steel Gary Works and other fully integrated steel mills located on the banks of the Great Lakes.
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Sandy Williams
Read more from Sandy WilliamsLatest in Steel Products Prices North America
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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.
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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 […]
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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 […]
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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 […]
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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 […]