Steel Products Prices North America
ArcelorMittal USA Moves Prices $30/Ton on Plate Products
Written by John Packard
June 15, 2017
This afternoon ArcelorMittal USA matched a previous mill plate price announcement taking plate price up by $30 per ton. In a emailed letter to their customers ArcelorMittal advised transaction pricing will be increasing by a minimum of $30 per ton. The increase applies to all non-contractual carbon, HSLA, alloy, heat-treated, and specialty plate products.
SMU expectation is the other plate mills will follow.
Rumors persist that flat rolled prices will soon follow.
John Packard
Read more from John PackardLatest in Steel Products Prices North America
SMU Price Ranges: Sheet and plate move ‘soft sideways’ to start August
Sheet and plate prices were either flat or modestly lower this week on softer demand and increasing domestic capacity.
Nucor lowers HRC list price to $890/ton
Nucor’s weekly consumer spot price (CSP) for hot-rolled (HR) coil was adjusted $10 per short ton (st) lower this week after holding steady last week.
CRU: Q3 will be the lowest point in current sheet price cycle
CRU Principal Analyst Shankhadeep Mukherjee expects a restocking cycle for steel sheet products in most parts of the world due to either low inventories or seasonally stronger demand.
CRU: US rebar and wire rod prices rise alongside S232 increase
CRU Senior Steel Analyst Alexandra Anderson discusses current market and pricing dynamics for long steel products in the US.
SMU Price Ranges: Sheet and plate steady ahead of Independence Day
Sheet and plate prices were little changed in the shortened week ahead of Independence Day, according to SMU’s latest check of the market.