Steel Products Prices North America
California Steel Opens August at Dramatically Higher Prices
Written by John Packard
May 24, 2016
California Steel informed their customers earlier today that they were opening their August order book and their transactional (spot) prices on all flat rolled steel products produced by CSI were being increased as follows:
Hot Rolled +$130 per ton ($6.50/cwt)
HRP&O +$130 per ton ($6.50/cwt)
Cold Rolled +$150 per ton ($7.50/cwt)
Galvanized +$150 per ton ($7.50/cwt)
During the past few months California Steel has been able to open and close their order books within a few days time. With imports being restricted due to the antidumping and countervailing duty suits (AD/CVD) it is expected that their order books will fill quickly.
Last week USS/POSCO, another West Coast steel mill, announced they were opening their August order book at +$150 per ton ($7.50/cwt).
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 […]