Steel Products Prices North America
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Regional Flat Rolled and Plate Imports Through May 2020
Written by Peter Wright
July 13, 2020
Steel Market Update presents a comprehensive series of import reports ranging from the first look at Commerce license data to a detailed look at volume by district of entry and source nation. This report is designed to plug the gap between the two.
National level import reports do a good job of measuring the overall market pressure caused by imports of individual products. The downside is that there are large regional differences. This report breaks the total year-to-date import tonnage of six flat rolled products into seven regions and shows the growth or contraction for each product and region. There is a summary table for each product group and a bar chart showing volume by region for the first five months of 2020. These are reference documents with no specific comments.
The charts tell the story, but to cite an example, the national tonnage of cold rolled coil was down by 23 percent in May, but the Great Lakes, which has the highest regional volume of imports, was up by 33 percent. These charts have been developed as a guide for buyers and sellers to give them a broader understanding of what’s going on in their own back yard. This report will be produced every other month and alternate with the imports by district and source report. This month, we are reporting regional imports through May.
Regions are compiled from the following districts:
Atlantic North: Baltimore, Boston, New York, Ogdensburg, Philadelphia, Portland ME, St. Albans and Washington, DC.
Atlantic South: Charleston, Charlotte, Miami, Norfolk and Savannah.
Great Lakes: Buffalo, Chicago, Cleveland, Detroit, Duluth, Great Falls, Milwaukee, Minneapolis and Pembina.
Gulf: Houston, New Orleans, Mobile, San Juan, St. Louis and Tampa.
Pacific North: Anchorage, Columbia Snake, San Francisco and Seattle.
Pacific South: Los Angeles and San Diego.
Rio Grande Valley: Laredo and El Paso.
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Peter Wright
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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.
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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 […]
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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 […]
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Nucor raises HR spot price to $775/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $775 per short ton (st) on Monday, Feb. 3. The $15/st week-on-week (w/w) rise marks the first back-to-back increases in the steelmaker’s weekly CSP since last August, according to SMU’s mill price announcement calendar. Nucor’s joint-venture subsidiary California Steel Industries (CSI) is also up […]
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Nucor raises HR spot price to $760/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $760 per short ton (st) on Monday, Jan. 21. The $10/st week-on-week (w/w) rise marks the first increase in the CSP since Nov. 12. According to SMU’s mill price announcement calendar, the Charlotte, N.C.-based steelmaker held the weekly price at $750/st for 11 […]