Steel Products Prices North America
Flat Rolled Pricing Cycle Flattened Out During December
Written by John Packard
January 6, 2014
In spite of new price increase announcements being made by the domestic mills just prior to Christmas, the flat rolled pricing cycle flattened out during the month of December with essentially no movement on all four of our product groups: hot rolled, cold rolled, galvanized and Galvalume steels.
Hot rolled and cold rolled prices went essentially nowhere from the of the month of November until the end of December. Galvanized average pricing rose by $15 per ton from the beginning of the month until the end of December. Galvalume prices moved higher by $10 per ton.
John Packard
Read more from John PackardLatest in Steel Products Prices North America
SMU Price Ranges: HR slips, hopes for Q4 rebound still standing
SMU’s price ranges were mixed again this week as the market continues to seek a floor amid industry hopes for a Q4 rebound.
Nucor’s hot band list price holds at $875/ton
Nucor held its hot-rolled coil list price flat again this week, according to its Monday, Sept. 15 consumer spot price (CSP) notice.
Market says cutting interest rates will spur stalled domestic plate demand
Market sources say demand for domestic plate refuses to budge despite stagnating prices.
SMU Price Ranges: Some predict bottom is near as big discounts dry up
Sheet prices were mixed this week as some mills continued to offer significant discounts to larger buyers while others have shifted toward being more disciplined, market participants said.
SMU Price Ranges: Tags mixed as uncertainty weighs on market
SMU’s hot-rolled (HR) coil price held steady this week while prices for other sheet and plate products declined.