Steel Products Prices North America

Monthly Changes to Key Commodity Pricing
Written by John Packard
December 3, 2013
Commodities are one of the key cost drivers for the domestic steel mills. Scrap, which is used by all mills but is the critical ingredient for the mini-mills and their electric arc furnaces, rose between $28 and $35 per ton. This was the reason that two mills announced price increases at the beginning of the month (AK Steel +$30 and Severstal +$20 per ton).
As you can see by our table below, most of the other commodities price levels remained close to where they ended the month of October.

John Packard
Read more from John PackardLatest in Steel Products Prices North America

Nucor maintains plate prices, opens August order book
Nucor aims to keep plate prices flat again with the opening of its August order book.

Nucor CSP remains level at $900/ton
Nucor maintained its weekly list price for hot-rolled (HR) coil this week, following two consecutive increases.

Cliffs raises prices, seeks $950/ton for July spot HR
Cleveland-Cliffs plans to increase prices for hot-rolled (HR) coil to $950 per short ton (st) with the opening of its July spot order book. The Cleveland-based steelmaker said the price hike was effective immediately in a letter to customers dated Monday.

HRC vs. prime scrap spread widens in June
The price spread between HRC and prime scrap widened in June.

SMU price ranges: Steel prices rise in response to tariffs
Steel prices climbed for a second straight week across all five sheet and plate products tracked by SMU.