Steel Products Prices North America

Correction: April Foreign Steel Import Trend
Written by John Packard
April 28, 2018
Our apologies. On Thursday we used inaccurate import license data and the article we wrote was totally incorrect.
Here is the corrected version with license data as of Wednesday, April 25.
April 2018 licenses are suggesting the month will end with 3.9 million net tons of foreign steel imports. Of those, almost 1 million net tons will be semi-finished steels with 2.9 million tons of finished steels.
Every single product is above its 12-month moving average (cut plate is at the average) and is also above the 3-month moving average.
We will have an updated article later this week based on the license data that is expected to be released on May 1.

John Packard
Read more from John PackardLatest in Steel Products Prices North America

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.

Nucor maintains plate prices, opens August order book
Nucor aims to keep plate prices flat again with the opening of its August order book.

Nucor CSP remains level at $900/ton
Nucor maintained its weekly list price for hot-rolled (HR) coil this week, following two consecutive increases.

Cliffs raises prices, seeks $950/ton for July spot HR
Cleveland-Cliffs plans to increase prices for hot-rolled (HR) coil to $950 per short ton (st) with the opening of its July spot order book. The Cleveland-based steelmaker said the price hike was effective immediately in a letter to customers dated Monday.

HRC vs. prime scrap spread widens in June
The price spread between HRC and prime scrap widened in June.