Steel Products Prices North America

USW Supports Trade Case Filing
Written by Sandy Williams
June 3, 2015
The United Steel Workers said Wednesday that the union fully supports the antidumping and countervailing petition filed on corrosion-resistant steel products. The petition, said the USW in a press release, details ”how a flood of subsidized and unfairly traded steel imports from China, India, Italy, South Korea and Taiwan has damaged the US steel industry by undercutting price domestic prices over the past three years.”
USW International President Leo Gerard, called on the Department of Commerce and USITC to act “swiftly and decisively” in defense of American workers.
“By any metric, USW members are the most productive and efficient steelmaking workforce on the planet,” said Gerard. “We cannot allow these family supporting, community sustaining jobs to disappear because our competitors continue unfairly dumping their subsidized products on our shores.”
USW International Vice President and Basic Steel Industry Conference Secretary Tom Conway said a “major overhaul” of U.S. trade policy and enforcement is needed.
“For decades, American workers have paid the price of failed trade policies and inconsistent enforcement of flawed trade agreements,” said Conway. “Congress and the administration need to take responsibility for changing the system that has cost more than a million manufacturing jobs and shuttered thousands of factories, mainly in industries that employ USW members.”

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Products Prices North America

Domestic CRC prices surge ahead of imports
The price spread between stateside-produced CR and imports reached its widest margin in over a year.

Evraz raises plate prices $160/ton
Evraz North America (NA) has followed Nucor and SSAB with a plate price increase of its own: up $160 per short ton (st). The increase was effective immediately for all new orders of carbon, high-strength low-alloy, and normalized and quenched-and-tempered plate products, as well as for hot-rolled coil, the steelmaker said in a letter to […]

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 […]