Steel Products Prices North America

Nucor Announces New Carbon Sheet Base Pricing
Written by John Packard
December 28, 2013
On Monday, December 23, 2013 Nucor Sheet Mill Group advised their flat rolled customers that “due to higher raw material prices, the Nucor Sheet Mill Group will increase base pricing to the following levels, effective immediately:”
Hot Rolled = $35.00/cwt ($700 net ton)
Cold Rolled = $40.50/cwt ($810 per ton)
Galvanized = $40.50/cwt ($810 per ton)
The letter was signed by the various sales and marketing managers associated with the Nucor Sheet Mill Group.
The prices referenced are the same as those published by NLMK USA earlier in the day and are in line with the AK Steel and Severstal NA announcements made in early November.

John Packard
Read more from John PackardLatest 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.