• Skip to main content

    Prices

    Prepainted Flat Rolled Imports down Overall in December

    Written by Brett Linton


    Prepainted flat rolled imports were mixed in December over November, with imports increasing for prepainted galvanized and electro-galvanized but decreasing for prepainted cold rolled and Galvalume. Overall, the four prepainted products tracked by SMU fell a combined 1,216 net tons (NT) or 5.5 percent over the previous month. Compared to the same month one year ago, combined prepainted imports were down 21.8 percent on average for select products.

    As you can see by our table below – prepainted cold rolled (CR) imports declined by 349 NT or 8.3 percent from November to December, slightly below both the 3-month moving average (3MMA) and the 12-month moving average (12MMA) calculated through December. Compared to levels one year ago, prepainted CR imports were up 199 NT or 5.4 percent.

    Brett Linton

    Read more from Brett Linton

    Latest in Prices

    Mills seek more scrap after lower prices fail to attract tons

    Several mills that bought October scrap early last week are still asking for additional supplies, scrap market participants said. The reason: the mills' initial prices did not attract enough of the raw material, they said. A trading source based in northern Ohio said three mills have contacted his firm seeking offers for additional tons. He said the mills asked for offers even if prices were higher than their original buys last week.

    Nucor increases spot HR to $1,240/ton

    Nucor said on Monday, Oct. 12, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,240 per short ton (st) this week, a $10/st increase from a week earlier. The CSP for HR coil from California Steel Industries (CSI) on the West Coast will be $1,305/st, up $15/st from the prior week. Nucor is still offering lead times of three to five weeks, according to the letter to customers. You can track mill price announcements on our website. Steel Market Update (SMU) published a weekly price assessment on Tuesday, Oct. 6, showing HR coil prices averaging $1,270/st, up $10/st from the previous week. We will update our prices on the evening of Tuesday, Oct. 13.