Steel Products Prices North America
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/media/k2/items/src/811ebeb995a22870e562dc4cc35a49b1.jpg)
Exports Inch up in July on Strength of NAFTA Demand
Written by Sandy Williams
September 9, 2013
American Institute for International Steel Press Release
Falls Church, VA, September 9, 2013 – Steel exports increased in July by 2.2 percent over June according to government reporting. “NAFTA steel demand improved in July compared to June by 6 percent, offsetting declines in other smaller international markets. NAFTA market’s increase reflects the timing of the stronger mid-summer market conditions experienced at that time. Whether increased pricing in many steel markets – especially flat rolled – has staying power or is an inventory replenishment driven cycle remains to be seen,” said David Phelps, president, AIIS.
For the year to date period in 2013 compared to 2012, exports were 9.5 percent lower. “Steel exports in July were 0.3 percent higher than in July 2012, but remained below 2012 for the year to date period, as overall steel demand continues to be weaker in all international markets in 2013. While the slight improvement in July 2013 compared to 2012 is positive, the level of exports for the month remains below healthy levels unfortunately,” concluded Phelps.
Total Steel exports in July 2013 were 1.087 million tons compared to 1.064 million tons in June 2013, a 2.2 percent increase, and a 0.3 percent increase compared to July 2012. According to year-to-date figures, exports decreased 9.5% compared to 2012 or from 8.362 million tons in 2012 to 7.569 million tons in 2013.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/04/sandy-williams.jpeg)
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Products Prices North America
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/07/CRU-Logo-2023-07-21-at-4.35.41-PM.png)
CRU: Longs pricing trends diverge in North, South America
Most longs prices in the US were unchanged this month, except for rebar, which declined by $1.50/cwt ($30/short ton) m/m. While end-use demand is stable, inventories are well-stocked, keeping purchases limited. Domestic availability is sufficient to meet current demand, hindering the appetite for imported material. Meanwhile, prices for scrap remained under pressure in June, with […]
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Nucor cuts plate prices by $125/ton, cites ongoing competition
Nucor Corp. announced that its plate mill group would cut prices for as-rolled, discrete, and normalized plate with the opening of its August order book.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Nucor cuts HR price for fourth straight week
Nucor lowered its consumer spot price (CSP) for hot-rolled (HR) coil by another $10 per short ton (st) for the first week of July. The steelmaker said in a letter to customers on Monday that its CSP base price for the week will be $670/st for all of its sheet mills with the exception of California Steel Industries (CSI).
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Cliffs_logo2.2.png)
Cliffs sets $720/ton HR price with opening of August books
Cleveland-Cliffs on Tuesday announced its monthly hot-rolled (HR) coil price of $720 per short ton (st) with the official opening of its August order book. The rate is down from last month’s price of $800/st.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/07/CRU-Logo-2023-07-21-at-4.35.41-PM.png)
CRU: Demand weakness continues to weigh on global sheet markets
Demand has remained persistently weak across the globe for sheet steel, weighing on prices. US HR coil prices fell the furthest this week as high-volume, low-priced deals were transacted as mills looked to fill order books and competed with one another amid relative demand weakness. Meanwhile, European prices were also down due to low demand […]