Steel Products Prices North America

NAFTA and non-NAFTA Exports Down Across the Board
Written by Brett Linton
December 12, 2013
Total U.S. steel exports for the first 10 months of 2013 were 10,871,857 net tons (NT), a 7.69 percent decrease from the 11,777,542 NT exported for the same period in 2012. NAFTA exports decreased slightly during that time frame by 173,983 NT or 1.86 percent. U.S. exports to non-NAFTA countries within the Western Hemisphere were 776,867 NT for 2013 YTD, down 25.82 percent from the same period last year. Steel exports also decreased for EU member countries as well as Africa and Asia ranging from 31 to 37 percent.
Below is a comparison of U.S. imports and exports for Canada, Mexico, China, Russia, Korea, and Brazil. Note that the net trade of imports minus exports is negative for Canada and Mexico (meaning that overall they receive more products from the U.S.), while it is a positive trade value for China, Russia, Korea, and Brazil (they export more the U.S. than they receive).

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

SMU price ranges: Flat-rolled balloon continues to leak
Sheet and plate prices were flat or lower again this week on continued concerns about demand and higher production rates among US mills.

HRC vs. busheling spread narrows in August
The price spread between prime scrap and hot-rolled coil (HRC) narrowed in August, according to SMU’s most recent pricing data.

SMU Price Ranges: Market drifts lower still
All five of SMU's steel sheet and plate price indices declined this week, falling to lows last seen in February.

Discontentment brews in plate market with flat, status-quo pricing
Sources in the carbon and alloy steel plate market said they are less discouraged by market uncertainty resulting from tariffs or foreign relations, but are instead, eager to see disruption to the flat pricing environment.

Nucor lowers HR coil spot price by $15/ton
Nucor has implemented a double-digit price decrease on spot hot-rolled (HR) coil for the second consecutive week.