Steel Products Prices North America
AISI: November Data Shows Steel Shipments Up 17% vs '20
Written by Tim Triplett
January 11, 2022
U.S. steel mills shipped 7,893,990 net tons in November, a 16.9% increase from the same month last year, but a decline of 3.9% from the previous month, the American Iron & Steel Institute reported.
Shipments by U.S. steelmakers year to date through November totaled 86,848,042 net tons, a 17.4% increase versus 2020 shipments of 73,950,515.
Shipments of corrosion-resistant sheet and strip jumped 20%, cold-rolled sheet increased 15%, and hot-rolled sheet rose 12% in the first 11 months of 2021 compared with the prior year, AISI said.
By Tim Triplett, Tim@SteelMarketUpdate.com
Tim Triplett
Read more from Tim TriplettLatest in Steel Products Prices North America
SMU Community Chat: Timna Tanners on ‘Trumplications’ for steel in 2025
Wolfe Research's Managing Director Timna Tanners discusses the 'Trumplications' for steel in the coming year in this week's SMU Community Chat.
Nucor raises hot rolled spot price to $750/ton
Nucor raised its weekly consumer spot price (CSP) for HRC this week to $750/short ton.
SMU price ranges: Most sheet and plate products drift lower
Steel sheet prices mostly edged lower for a second week, while plate prices slipped for the third consecutive week.
Nucor drops HRC price to $720/ton
After holding its weekly spot price for hot-rolled (HR) coil steady for three weeks at $730 per short ton (st), Nucor lowered the price this week by $10/st.
SMU price ranges: Sheet slips, plate falls to 45-month low
Steel sheet and plate prices moved lower this week as efforts among some mills to hold the line on tags ran up against continued concerns about demand.