Steel Products Prices North America

Nucor, SSAB Raise Plate Prices
Written by John Packard
May 15, 2016
The Nucor Plate Group and SSAB have both raised plate prices by a minimum of $40 per ton. The SSAB increase applies to all non-contract business on rolled mill plate, cut-to-length plate as well as hot rolled coils greater than 72″ in width. The SSAB increase includes normalized as well as quench-and-temper plate.
Nucor was the first to announce, which they did on Wednesday. SSAB followed the Nucor lead on Friday.
Flat rolled buyers need to be aware as we have seen plate price announcements preceding flat rolled announcements by a few days on a number of the recent flat rolled announcements.
Platts had their plate average at $640 per ton as of the end of this past week.

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

Nucor slows HRC price climb with $5/ton increase
After eight weeks of double-digit price increases on hot-rolled (HR) coil, Nucor slowed the price rise this week with an increase of $5 per short ton.

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 […]