Steel Products Prices North America
AISI: June Shipments Up 10 Percent from May
Written by Tim Triplett
August 11, 2020
U.S. steel mills shipped 6,023,524 net tons in June, a 10.3 percent increase from the 5,461,851 net tons shipped in the previous month, but a 22.0 percent decrease from the 7,718,499 net tons shipped in June 2019, reports the American Iron and Steel Institute.
Shipments year-to-date in 2020 total 41,218,207 net tons, a 14.5 percent decrease versus 2019 shipments of 48,223,245 for the first six months.
Comparing June shipments to May shows a 33 percent increase for hot-dipped galvanized sheet and strip, a 14 percent increase for cold rolled sheet and a 12 percent increase for hot rolled shipments.
Tim Triplett
Read more from Tim TriplettLatest 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.