Steel Products Prices North America

U.S. Steel Exports Steady in October
Written by Brett Linton
December 16, 2017
U.S. steel exports in October totaled 895,879 net tons (812,729 metric tons), down 0.8 percent over September, but up 17.0 percent from October 2016. Total exports have averaged around 880,000 tons over the last few months after reaching a 2.5-year high in May (1,006,087 tons). The total October export figure is below the three-month moving average (average of August 2017, September 2017 and October 2017), but above the 12-month moving average (average of November 2016 through October 2017). Here is a breakdown of flat rolled and plate steel exports:
Cut plate exports increased 18.8 percent from September to 113,718 tons, up 53.3 percent compared to levels one year ago.
Exports of coiled plate were 44,154 tons in October, down 3.4 percent month over month, but up 48.3 percent year over year.
Hot rolled steel exports decreased 23.3 percent month over month to 81,755 tons, but were up 19.9 percent from October 2016 levels.
Exports of cold rolled products were 54,398 tons in October, down 5.9 percent from September, but up 3.3 percent over the same month last year.
Galvanized exports fell 8.5 percent month over month to 112,893 tons. Compared to one year ago, October levels were up 1.4 percent.
Exports of all other metallic coated products came in at 23,914 tons, a 14.4 percent increase from September, and a 33.5 percent increase compared to one year ago.
To see an interactive graphic of our Steel Exports history (example below), visit our website here. If you need any assistance logging in or navigating the site, contact us at info@SteelMarketUpdate.com or 800-432-3475.

Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America

HRC-galvanized price gap edges higher
The premium galvanized coil carries over hot-rolled coil (HRC) coil has marginally widened in recent months. As of Sept. 16, the spread between these two products reached a three-month high of $175 per short ton (st), though it is still low by historical standards.

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.