Steel Products Prices North America

NLMK USA Announces February Base Pricing
Written by John Packard
December 28, 2013
In a letter to their customers dated today, Monday, December 23, 2013 – NLMK USA opened their February order book and advised their customers of their “minimum” new base price levels:
Hot Rolled $35.00/cwt ($700 per ton)
Cold Rolled $40.50/cwt ($810 per ton)
Coated $40.50/cwt ($810 per ton)
Specialty $25/ton increase on all high carbon and alloy products.
NLMK USA also advised that all published extras are in effect and that the pricing is to be effective immediately on all new orders.
The letter was signed by James M Banker, Jr., Executive Vice President, Commercial for NLMK USA.
The base prices referenced are in line with the US Steel announcement of December 16, 2013 as well as the AK Steel and Severstal NA announcements made early in November 2013 (Severstal was $40.00/cwt on cold rolled and coated).

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.