Steel Products Prices North America
SMU Price Ranges & Indices: Postponed to Thursday due to Conference
Written by John Packard
August 30, 2016
Tuesday is normally the day that Steel Market Update puts out our price ranges and averages on hot rolled, cold rolled, galvanized and Galvalume steels. As many of you know we are in the midst of our Steel Summit Conference in Atlanta.
Due to our antitrust guidelines we did not feel it appropriate to discuss specific transaction prices with those associated with our conference where over 400 steel executives have gathered.
We will produce our prices on Thursday and then return to our normal Tuesday release date next week.
John Packard
Read more from John PackardLatest in Steel Products Prices North America
SMU Price Ranges: HR slips, hopes for Q4 rebound still standing
SMU’s price ranges were mixed again this week as the market continues to seek a floor amid industry hopes for a Q4 rebound.
Nucor’s hot band list price holds at $875/ton
Nucor held its hot-rolled coil list price flat again this week, according to its Monday, Sept. 15 consumer spot price (CSP) notice.
Market says cutting interest rates will spur stalled domestic plate demand
Market sources say demand for domestic plate refuses to budge despite stagnating prices.
SMU Price Ranges: Some predict bottom is near as big discounts dry up
Sheet prices were mixed this week as some mills continued to offer significant discounts to larger buyers while others have shifted toward being more disciplined, market participants said.
SMU Price Ranges: Tags mixed as uncertainty weighs on market
SMU’s hot-rolled (HR) coil price held steady this week while prices for other sheet and plate products declined.