Steel Products Prices North America

Nobilis Plans Carbon-Neutral Pipe Mill Near Detroit
Written by Tim Triplett
July 23, 2019
Brian Harroun, founder and president of Nobilis Pipe Co., sees an opportunity for a new domestic steel mill to bring production of specialty pipe and tube products back to the United States—and to do it in an environmentally responsible and sustainable way. Nobilis Pipe is now working to secure financing for construction of one of the first carbon neutral steel production facilities in the world, to be located near Detroit.
The company hopes to begin production at the $950 million EAF mill by 2022. The mill will have a rated capacity of 50,000 metric tons per year of seamless pipes in stainless steel, duplex and nickel alloys ranging from one-quarter inch to 18 inches in diameter. The mill will serve a variety of industries including military and defense, aerospace, power generation, oil and gas, OCTG, and steel service centers and distributors. All materials produced at Nobilis will be melted and manufactured on the premises in the United States and will be DFARS compliant and capable of meeting the most demanding high-temperature and corrosion-resistant applications, the company claims.
“We are planning to locate Nobilis Pipe in the metropolitan Detroit area with enough space to expand in the future and add all the solar and wind power we will need to meet our sustainability goals,” Harroun said. “Nobilis Pipe is excited about the prospect of significantly contributing to the expansion of economic diversity in Michigan with our revenue, which is not affected by the trends of the automotive industry.”

Tim Triplett
Read more from Tim TriplettLatest in Steel Products Prices North America

Domestic plate prices could heat up despite so-so demand, market sources say
Some sources also speculated that plate could see further price increases thanks to modest but steady demand, lower imports, mill maintenance outages, and end markets less immediately affected by tariff-related disruptions.

SMU Price Ranges: HR holds, galv slips amid competing market narratives
SMU’s sheet and plate prices see-sawed this week as hot-rolled (HR) coil prices held their ground while prices for galvanized product slipped.

Nucor carries $875/ton HR list price into week seven
Nucor is keeping hot-rolled (HR) coil prices unchanged again this week, according to its latest consumer spot price (CSP) notice issued on Monday, Oct. 6

SMU Price Ranges: A newsy week sees modest price gains despite a quiet spot market
Market participants predicted that prices should be at or near a bottom. But while most seemed to agree on that point, many also said they saw little upside given a quiet spot market and ongoing concerns about demand.

Nucor increases plate prices by $60/ton
Nucor aims to increase prices for steel plate by $60 per short ton with the opening of its November order book.