Steel Products Prices North America

Final March Steel Imports at 3.6 Million Tons
Written by John Packard
May 5, 2015
The U.S. Department of Commerce released Final Census Data for the month of March. The final total of foreign steel imported into the United States during the month was 3,615,960 net tons. This is a very small decrease from the 3.7 million tons received during the month of February but is well below the 3.9 million tons 3 month average and 3.86 million ton 12 month average.
So far April 2015 imports appear to be headed lower based on license data as of May 5th. Our expectation is for April to be somewhere in the 3.0 to 3.4 million ton range. We remind our readers that license data is incomplete and can be somewhat misleading.
As April import numbers begin to indicate a reduction in most items the one exception may be the next trade case – cold rolled – which is the only non-semi-finished steel showing an increase compared to March numbers.
The biggest cold rolled exporting nation? China. China licenses tonnage was twice that of Canada and three times Brazil and Japan…

John Packard
Read more from John PackardLatest in Steel Products Prices North America

Nucor maintains plate prices, opens August order book
Nucor aims to keep plate prices flat again with the opening of its August order book.

Nucor CSP remains level at $900/ton
Nucor maintained its weekly list price for hot-rolled (HR) coil this week, following two consecutive increases.

Cliffs raises prices, seeks $950/ton for July spot HR
Cleveland-Cliffs plans to increase prices for hot-rolled (HR) coil to $950 per short ton (st) with the opening of its July spot order book. The Cleveland-based steelmaker said the price hike was effective immediately in a letter to customers dated Monday.

HRC vs. prime scrap spread widens in June
The price spread between HRC and prime scrap widened in June.

SMU price ranges: Steel prices rise in response to tariffs
Steel prices climbed for a second straight week across all five sheet and plate products tracked by SMU.