Steel Products Prices North America
Exports Down for September
Written by John Packard
November 21, 2013
Total steel mill product exports in September were 1,022,050 net tons, a 10.93 percent decrease from October tonnage of 1,147,411 NT. September exports are reported to be at their lowest levels since December 2012.
Semi-finished exports were reported to be 2,678 NT, down 93.55 percent from August tonnage of 86,065 NT, but this is most likely a discrepancy in the DOC data (or a very bad month for the domestic mills).
Hot rolled exports were up 11.28 percent to 95,770 NT, while imports for cold rolled, galvanized, and other metallic coated products decreased 12.08 percent, 0.05 percent, and 27.33 percent respectively.
Exports of plates cut lengths were down in September by 5.60 percent, while plates in coils exports showed an increase of 19.10 percent. Exports of structural pipe and tube decreased by 13.28 percent over the previous month.
According to the DOC website, they did not collect license data from October 1st through October 16th. Therefore, September and October license data are incomplete, so the figures below should be taken with caution.(Source: US DOC)
John Packard
Read more from John PackardLatest in Steel Products Prices North America
SMU Price Ranges: HR holds, galv slips amid competing market narratives
SMU’s sheet and plate prices see-sawed this week as hot-rolled (HR) coil prices held their ground while prices for galvanized product slipped.
Nucor carries $875/ton HR list price into week seven
Nucor is keeping hot-rolled (HR) coil prices unchanged again this week, according to its latest consumer spot price (CSP) notice issued on Monday, Oct. 6
SMU Price Ranges: A newsy week sees modest price gains despite a quiet spot market
Market participants predicted that prices should be at or near a bottom. But while most seemed to agree on that point, many also said they saw little upside given a quiet spot market and ongoing concerns about demand.
Nucor increases plate prices by $60/ton
Nucor aims to increase prices for steel plate by $60 per short ton with the opening of its November order book.
Nucor’s $875/ton HR spot price spills into week six
Nucor is keeping hot-rolled (HR) coil prices unchanged again this week, according to its latest consumer spot price (CSP) notice issued on Monday, Sept. 29.