Product
February 1, 2013
Ferrous Scrap Exports – January through November 2012
Written by John Packard

Product
February 1, 2013
Written by John Packard

The price gap between US hot-rolled coil (HR) and landed offshore product tightened this week.
Steel mill production times for sheet and plate products remain at or near multi-year highs, according to buyers responding to our latest market survey.
Spot market participants worry that limited availability for certain grades of domestically produced plate will extend lead times even further.
The Trump administration has implemented changes to its steel and aluminum tariff framework that alter how duties are applied to imported manufactured goods, according to an April 2 presidential proclamation.
Most steel buyers report that mills are not willing to negotiate on new order spot prices, according to our latest market survey. Mill negotiability is now down to one of the lowest rates measured in over a year.