Steel Products Prices North America

Apparent Steel Supply for September
Written by Brett Linton
November 19, 2013
Apparent steel supply for September was 9,043,000 net tons, a 10.38 percent increase compared to the same month one year ago. This is due to an 8 to 9 percent increase in domestic shipments and all imports, and was slightly offset by a decrease in exports, down 3.38 percent. The net trade balance from the difference between imports and exports was a surplus of 1,798,000 net tons in September, an increase of 16.33 percent from one year prior.
When compared to last month when apparent steel supply was at 9,416,000 NT, September supply is slightly lower by 3.96 percent. Domestic shipments also decreased over the previous month by 5.55 percent. However, the net trade balance between imports and exports increased slightly in September over August by 3.85 percent.
On a year to date basis, all of the 2013 YTD figures are very close to what we saw during in 2012 and significantly higher than 2010 and 2011 figures.

Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America

ArcelorMittal Dofasco increases spot sheet prices
ArcelorMittal Dofasco is raising spot sheet prices by CA$100 per ton (US$70/ton). The Hamilton, Ontario-based flat rolled steelmaker told customers the increase is effective immediately for all new orders. It did not specify to what level this brings its base prices but noted its right to re-quote previous but unconfirmed orders. “We will continue to […]

Nucor raises HR spot price to $775/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $775 per short ton (st) on Monday, Feb. 3. The $15/st week-on-week (w/w) rise marks the first back-to-back increases in the steelmaker’s weekly CSP since last August, according to SMU’s mill price announcement calendar. Nucor’s joint-venture subsidiary California Steel Industries (CSI) is also up […]

Nucor raises HR spot price to $760/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $760 per short ton (st) on Monday, Jan. 21. The $10/st week-on-week (w/w) rise marks the first increase in the CSP since Nov. 12. According to SMU’s mill price announcement calendar, the Charlotte, N.C.-based steelmaker held the weekly price at $750/st for 11 […]

SMU price ranges: Slow start to the year
Steel prices ticked lower this week for four of the five products SMU tracks, according to our latest canvass of the sheet and plate markets. Following last week’s bump, our hot rolled, cold rolled, galvanized, and plate indices all edged lower this week by $5-15 per short ton (st) on average. Galvalume was the only […]

Nucor holds the line on published HR spot price
The steelmaker has kept its weekly consumer spot price for hot-rolled steel sheet unchanged since Nov. 12.