Steel Products
SMU market survey results now available
Written by David Schollaert
January 24, 2025
SMU’s latest steel buyers market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “latest survey results.”
Past survey results are also available under that selection. If you need help accessing the survey results, or if your company would like to have your voice heard in our future surveys, contact info@steelmarketupdate.com.
David Schollaert
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Domestic, offshore CRC prices edge up
The price spread between US-produced cold-rolled (CR) coil and offshore products tightened slightly in the week ended Jan. 24, as imports edged higher than US product. Domestic CR coil tags were up week on week (w/w), a trend mirrored in offshore markets at a slightly sharper clip. The result? The US premium over imports shrank […]
US HR price premium over imports narrows again
US hot band margin over imports on a landed basis has narrowed further.
SMU Community Chat replay now available
The latest SMU Community Chat webinar reply is now available on our website to all members. After logging in at steelmarketupdate.com, visit the community tab and look under the “previous webinars” section of the dropdown menu. All past Community Chat webinars are also available under that selection. If you need help accessing the webinar replay, or if your company […]
Nucor’s weekly HR spot price unchanged, again
Nucor’s consumer spot price (CSP) for hot-rolled (HR) coil remains unchanged for another week – now on an 11-week streak. Nucor’s HR coil CSP, still at $750 per short ton (st), has been at that level since Nov. 12. The spot price for HR from Nucor’s joint-venture subsidiary California Steel Industries (CSI) is also flat […]