Steel Products Prices North America

March Steel Exports Rise to 869K Tons, Down YOY
Written by Brett Linton
May 10, 2018
U.S. steel exports in March totaled 868,854 net tons (788,212 metric tons), up 7.9 percent from the month before, but down 8.4 percent from March 2017. Total exports have averaged 800,000-820,000 tons over the last few months. The total March export figure is above the three-month moving average (average of January 2018, February 2018 and March 2018), but below the 12-month moving average (average of April 2017 through March 2018). Here is a breakdown of flat rolled and plate steel exports:
Cut plate exports increased 12.7 percent from February to 88,584 tons, down 22.1 percent compared to levels one year ago.
Exports of coiled plate were 39,662 tons in March, up 2.2 percent month over month, but down 49.2 percent year over year.
Hot rolled steel exports decreased 9.3 percent month over month to 59,213 tons, and were down 29.5 percent from March 2017 levels.
Exports of cold rolled products were 50,228 tons in March, up 1.8 percent from February, but down 5.1 percent over the same month last year.
Galvanized exports rose 14.9 percent month over month to 118,510 tons. Compared to one year ago, March levels were down 5.3 percent.
Exports of all other metallic coated products came in at 21,208 tons, a 7.8 percent decrease from February, and a 9.7 percent decrease compared to one year ago.
To see an interactive graphic of our Steel Exports history (example below), visit our website here. If you need any assistance logging in or navigating the site, contact us at info@SteelMarketUpdate.com or 800-432-3475.

Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America

HRC-galvanized price gap edges higher
The premium galvanized coil carries over hot-rolled coil (HRC) coil has marginally widened in recent months. As of Sept. 16, the spread between these two products reached a three-month high of $175 per short ton (st), though it is still low by historical standards.

SMU Price Ranges: HR slips, hopes for Q4 rebound still standing
SMU’s price ranges were mixed again this week as the market continues to seek a floor amid industry hopes for a Q4 rebound.

Nucor’s hot band list price holds at $875/ton
Nucor held its hot-rolled coil list price flat again this week, according to its Monday, Sept. 15 consumer spot price (CSP) notice.

Market says cutting interest rates will spur stalled domestic plate demand
Market sources say demand for domestic plate refuses to budge despite stagnating prices.

SMU Price Ranges: Some predict bottom is near as big discounts dry up
Sheet prices were mixed this week as some mills continued to offer significant discounts to larger buyers while others have shifted toward being more disciplined, market participants said.