Steel Products Prices North America
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Nucor Adjusts Galvanized Coating Extras
Written by John Packard
November 19, 2017
On Wednesday, Nov. 15, 2017, Nucor Sheet Mill Group advised their customers that galvanized orders placed for the first week of January 2018 would have new zinc coating extras. The change in the extras is due to the high cost of zinc, which has been trading in the $1.45-$1.50 per pound range over the past 60 days. A number of mills had already made changes to their extras. Included are AK Steel, NLMK USA, California Steel and USS/POSCO.
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John Packard
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Nucor cuts plate prices by $125/ton, cites ongoing competition
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Nucor cuts HR price for fourth straight week
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Cliffs sets $720/ton HR price with opening of August books
Cleveland-Cliffs on Tuesday announced its monthly hot-rolled (HR) coil price of $720 per short ton (st) with the official opening of its August order book. The rate is down from last month’s price of $800/st.
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CRU: Demand weakness continues to weigh on global sheet markets
Demand has remained persistently weak across the globe for sheet steel, weighing on prices. US HR coil prices fell the furthest this week as high-volume, low-priced deals were transacted as mills looked to fill order books and competed with one another amid relative demand weakness. Meanwhile, European prices were also down due to low demand […]