Steel Products Prices North America
California Steel Opens March Order Book, Announces Price Increase
Written by John Packard
January 17, 2017
On Monday, California Steel Industries (CSI) advised their customers that their March 2017 order book is now open and that transaction (spot) pricing would be increasing by $40 per ton on hot rolled, hot rolled pickled & oiled, cold rolled and galvanized steel products produced by the mill.
California Steel began increasing prices as they opened their order books for each of the following months: December 2016, January, February and now March 2017. The total amount of the announced increases is $190 per ton ($9.50/cwt).
The mills east of the Rocky Mountains have announced a total of five (5) price increases going back to late October 2015. Those five increases also totaled $190 per ton (+/- $20/Ton).
John Packard
Read more from John PackardLatest in Steel Products Prices North America
Plate report: Prices getting closer to pre-Covid norms
The US plate market finds itself in unfamiliar territory, well maybe unfamiliar territory for this side of the post-Covid “normal,” that is.
SMU price ranges: Sheet momentum indicator shifts to neutral in mixed market
SMU’s steel price indices showed mixed signals for a second consecutive week. Our hot rolled, cold rolled, and plate price indices inched lower from last week, as the galvanized index held steady and Galvalume's ticked higher.
Nucor increases CSP, aims for $720/ton on HRC
Nucor has raised its weekly consumer spot price (CSP) by $10 per short for hot-rolled (HR) coil to $720/st.
Nucor inches HR price up, aims for $695/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $695 per short ton (st), up $5/st from last week.
Nucor maintains $690/ton HR base price
Nucor’s weekly consumer spot price (CSP) for hot-rolled (HR) coil is unchanged from last week at $690/ton.