Steel Products Prices North America

SMU Analysis of Cold Rolled Imports
Written by John Packard
July 28, 2015
In light of the antidumping suit which was filed by five domestic steel mills earlier today (or last night if you received the USS email), we wanted to do some analysis for our readers and take a look at the eight countries named and their participation in the CRC market.
As you can see by the table below, the eight countries represented 64.72 percent of total cold rolled imports during calendar year 2014. So far this year, the eight countries represent 67.53 percent in Q1 and 69.09 percent in Q2.
We provided a visual (line graph) to give you a feel as to whether each individual country is building or reducing their participation in the U.S. cold rolled market.

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

SMU Price Ranges: Sheet floor holds as market debates upside
Our average HR coil price increased $5/short ton from last week, marking a second consecutive week of modest gains. Market participants generally attributed the increase to...

Thin demand keeps plate prices hovering at lowest levels since February
Participants in the domestic plate market say spot prices appear to have hit the floor, and they continue to linger there. They say demand for steel remains thin, with plate products no exception.

SMU Price Ranges: HR crawls back to $800/ton
SMU’s HR price stands at $800/st on average, up $5/st from last week. The modest gain came as the low end of our range firmed, and despite the high end of our range declining slightly.

SMU successfully completes IOSCO review
SMU has successfully completed an external review of all our prices. The review has concluded that they algin with principles set by the International Organization of Securities Commissions (IOSCO).

Domestic plate prices could heat up despite so-so demand, market sources say
Some sources also speculated that plate could see further price increases thanks to modest but steady demand, lower imports, mill maintenance outages, and end markets less immediately affected by tariff-related disruptions.