Product
January 21, 2013
Semi-Finished, HRC, CRC and Galvanized Imports by Port
Written by John Packard




Product
January 21, 2013
Written by John Packard




Steel mill lead times extended this week on all sheet and plate products tracked, according to responses from SMU’s latest market survey.
All five of SMU’s sheet and plate price indices increased this week for the second week in a row, with all products inching up to new multi-month highs. Prices are now up by $30-70/st compared to those seen four weeks ago.
The situation has altered in the Brazilian pig iron market since our last update on Nov. 13. At the time, we reported things were at a standstill for sales to US-based steelmakers.
SSAB Americas aims to increase prices on all its products by at least $40 per short ton (st).
A US-based steel importer is sounding the alarm over what it claims is a blatant case of duty circumvention involving more than 5,000 metric tons of hot-rolled plate. The material is reportedly being offered at well-below market prices, further raising suspicions.