Steel Products Prices North America
Steel Import License Data in April
Written by Brett Linton
April 16, 2019
Updated steel import license data was released Tuesday evening, reporting new March license data up slightly over last week to 2.79 million tons, according to the U.S. Department of Commerce. These figures would be above the three-month moving average (3MMA, through final January data), but below the 12-month moving average (12MMA).
When removing the semi-finished products from the data, the finished steel import levels drop to just over 2 million net tons, below both the 3MMA and 12MMA.
April license data is trending towards 3.57 million tons, which would be a significant increase over March. Imports of finished products are at 2.35 million tons. It is still early in the month, so we advise readers to take the April figures lightly.
Brett Linton
Read more from Brett LintonLatest 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 […]