Steel Products Prices North America
U.S. Steel Mills Exported 1 Million Tons in May
Written by John Packard
July 11, 2017
U.S. steel mills managed to export just over one million net tons in May, according to just-released data by the U.S. Department of Commerce. Exports increased by 150,000 tons over April 2017 and were 203,000 tons greater than what was exported during May 2016. May 2017 is the first month to exceed one million tons since October 2014.
The majority of the exports went to either Canada (572,068 tons) or Mexico (321,432 tons), which combined accounted for 893,500 of the one million tons exported.
Here is a look at the flat rolled and plate products exported by the domestic mills during the month of May.
John Packard
Read more from John PackardLatest in Steel Products Prices North America
SMU price ranges: Flat-rolled balloon continues to leak
Sheet and plate prices were flat or lower again this week on continued concerns about demand and higher production rates among US mills.
HRC vs. busheling spread narrows in August
The price spread between prime scrap and hot-rolled coil (HRC) narrowed in August, according to SMU’s most recent pricing data.
SMU Price Ranges: Market drifts lower still
All five of SMU's steel sheet and plate price indices declined this week, falling to lows last seen in February.
Discontentment brews in plate market with flat, status-quo pricing
Sources in the carbon and alloy steel plate market said they are less discouraged by market uncertainty resulting from tariffs or foreign relations, but are instead, eager to see disruption to the flat pricing environment.
Nucor lowers HR coil spot price by $15/ton
Nucor has implemented a double-digit price decrease on spot hot-rolled (HR) coil for the second consecutive week.