Tag: Cold-Rolled Coil

SMU's steel price indices moved in differing directions this week but remained largely stable as cautious buyers await clarity on pending steel tariffs and trade cases.

Steel prices were stable to higher this week for the second consecutive week across the sheet and plate products tracked by SMU. Three of our price indices increased from the previous week, while two held firm.

Fully restored Section 232 tariffs on steel on March 12 cut the widening premium US prices had over most imports on a landed basis.

US cold-rolled (CR) coil prices continued to rise this week, well ahead of offshore prices. The price spread between stateside-produced CR and imports reached a 14-month high in the week ended March 7. Steady price gains in overseas markets continue to be overshadowed by increases in domestic prices. The result? The US premium over imports […]

Steel imports ended 2024 on a low note, with November trade falling to a one-year low and December seeing a modest 3% recovery. Then as the new year began, import volumes spiked.

Steel prices climbed across the board this week, with every steel product tracked by SMU rising to multi-month highs.

The price spread between stateside-produced CR and imports reached its widest margin in over a year.

Mills’ flexibility on price for spot orders has taken a nosedive to levels not seen since the end of March 2023.

NLMK USA has opened its April order book at new, higher base prices for steel sheet, according to market participants. The steelmaker is seeking at least $900 per short ton (st) for hot-rolled (HR) coil and at least $1,100/st for cold-rolled and coated products, they said.

U.S. Steel has increased prices for flat-rolled steel by at least $50 per short ton (st), according to market participants. The Pittsburgh-based steelmaker now seeks a minimum of $850/st for hot-rolled (HR) coil. And it seeks at least $1,050/st for cold-rolled and coated base prices, they said.

The price spread between US-produced cold-rolled (CR) coil and offshore CR products widened again in the week ended Feb. 14, as prices for US product accelerated ahead of imports. Domestic CR coil tags jumped week on week (w/w), while offshore markets moved higher at a slower pace. The result? The US premium over imports widened […]

Each of the steel product prices tracked by SMU saw significant increases this week. All four of our sheet price indices rose by $30-50 per short ton (st) on average. Plate prices popped $60/st compared to the week prior.

Following the one-year low recorded in November, steel imports rose by 3% in December to 2.14 million short tons (st) according to final US Commerce Department data. January could be the highest month for steel imports witnessed in nearly three years.

SMU’s steel price indices rose across the board this week. Sheet prices increased as much as $35 per short ton (st) compared to last week, while our average plate price ticked up by$10/st.

The price spread between US-produced cold-rolled (CR) coil and offshore products narrowed again in the week ended Jan. 31, as imports edged higher and US product ticked lower.

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 […]

Sheet and plate prices remained in a holding pattern this week as the market awaited more specifics on potential Trump administration tariffs.

The price spread between US-produced cold-rolled (CR) coil and offshore products tightened in the week ended Jan. 17. Domestic CR coil tags were lower week on week (w/w), while offshore products ticked higher. The result? The US premium over imports shrank. In our market check on Tuesday, Jan. 14, US CR coil prices averaged $895 […]

Domestic steel imports fell 14% from October to November to a one-year low of 2.07 million short tons (st), according to final US Commerce Department data. While steel trade has declined from early-2024 highs, November imports are slightly higher than volumes seen one year prior.

The price spread between US-produced cold-rolled (CR) coil and offshore products on a landed basis widened in the week ended Jan. 10.

The price spread between US-produced cold-rolled (CR) coil and offshore products on a landed basis was unchanged in the week ended Dec. 20.

The price spread between US-produced cold-rolled (CR) coil and offshore products on a landed basis was relatively flat in the week ended Dec. 13.

The volume of steel exported from the country declined in October for the second-consecutive month, following a one-year high in August.

Steel prices have remained relatively stable in recent weeks, though they have generally trended downward since October.

The price spread between US-produced cold-rolled (CR) coil and offshore products on a landed basis was flat in the week ended Dec. 6.

SMU's price indices saw minor fluctuations on sheet products this week, while our plate and Galvalume indices held steady.

The price spread between US-produced cold-rolled (CR) coil and offshore products on a landed basis widened slightly in the week ended Nov. 22.

SMU’s flat-rolled steel prices were mixed this week with slight declines across most products and a modest increase in prices for cold-rolled coil.

The price spread between US-produced cold-rolled (CR) coil and offshore products slipped in the week ended Nov. 15, on a landed basis.

The price spread between US-produced cold-rolled (CR) coil and offshore products remained largely flat in the week ended Nov. 8, on a landed basis.