Steel Products Prices North America
California Steel Opens August at Dramatically Higher Prices
Written by John Packard
May 24, 2016
California Steel informed their customers earlier today that they were opening their August order book and their transactional (spot) prices on all flat rolled steel products produced by CSI were being increased as follows:
Hot Rolled +$130 per ton ($6.50/cwt)
HRP&O +$130 per ton ($6.50/cwt)
Cold Rolled +$150 per ton ($7.50/cwt)
Galvanized +$150 per ton ($7.50/cwt)
During the past few months California Steel has been able to open and close their order books within a few days time. With imports being restricted due to the antidumping and countervailing duty suits (AD/CVD) it is expected that their order books will fill quickly.
Last week USS/POSCO, another West Coast steel mill, announced they were opening their August order book at +$150 per ton ($7.50/cwt).
John Packard
Read more from John PackardLatest in Steel Products Prices North America
SMU price ranges: Market stable amid post-Thanksgiving glut
Steel sheet prices remain at or near multi-month lows, while plate prices continue edging lower from their mid-2022 peak.
Nucor again holds HR spot price at $750/ton
For the fourth week in a row, Nucor will keep its published spot price for hot-rolled (HR) coil unchanged.
SMU Community Chat: Timna Tanners on ‘Trumplications’ for steel in 2025
Wolfe Research's Managing Director Timna Tanners discusses the 'Trumplications' for steel in the coming year in this week's SMU Community Chat.
Nucor raises hot rolled spot price to $750/ton
Nucor raised its weekly consumer spot price (CSP) for HRC this week to $750/short ton.
SMU price ranges: Most sheet and plate products drift lower
Steel sheet prices mostly edged lower for a second week, while plate prices slipped for the third consecutive week.