Steel Products Prices North America

Evraz, SSAB & Nucor Raise Plate Prices $30
Written by John Packard
January 12, 2016
Plate price increase announcements actually preceded those of hot rolled, cold rolled and coated products. On Monday, both Nucor and Evraz North America sent out letters to their customers advising plate prices would be rising by $30 per ton.
The Evraz letter said: “Please be advised that effective immediately with all new orders, Evraz NA will be increasing transactional prices on all carbon, HSLA, Normalized, and Quenched and Tempered products by a minimum of $30 per ton in the US and in Canada. We reserve the right to re-quote any offers that have not been confirmed.” The letter was signed by Don Hunter, Vice President, Sales, Flat Products Group.
The Nucor letter was similar to that of Evraz in that Nucor took prices of carbon and alloy plate as well as heat-treated plate up by $30 per ton.
SMU has also learned that SSAB has joined Evraz and Nucor in taking prices on their plate products up by $30 per ton.
All of the mill increases were on spot sales and were referenced as being “effective immediately.”

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

SMU Price Ranges: HR holds, galv slips amid competing market narratives
SMU’s sheet and plate prices see-sawed this week as hot-rolled (HR) coil prices held their ground while prices for galvanized product slipped.

Nucor carries $875/ton HR list price into week seven
Nucor is keeping hot-rolled (HR) coil prices unchanged again this week, according to its latest consumer spot price (CSP) notice issued on Monday, Oct. 6

SMU Price Ranges: A newsy week sees modest price gains despite a quiet spot market
Market participants predicted that prices should be at or near a bottom. But while most seemed to agree on that point, many also said they saw little upside given a quiet spot market and ongoing concerns about demand.

Nucor increases plate prices by $60/ton
Nucor aims to increase prices for steel plate by $60 per short ton with the opening of its November order book.

Nucor’s $875/ton HR spot price spills into week six
Nucor is keeping hot-rolled (HR) coil prices unchanged again this week, according to its latest consumer spot price (CSP) notice issued on Monday, Sept. 29.