Steel Products Prices North America

May Steel Shipments Down 32.9 Percent from Last Year
Written by Tim Triplett
July 9, 2020
U.S. steel mills shipped 5,461,851 net tons in May, a 2.9 percent decrease from April, and a 32.9 percent decrease from the 8,142,270 net tons shipped in May 2019, reported the American Iron and Steel Institute (AISI).
Shipments by domestic steelmakers year to date totaled 35,194,683 net tons, a 13.1 percent decrease versus 2019 shipments of 40,504,746 tons in the first five months.
A comparison of May shipments to the previous month of April shows the following changes: hot dipped galvanized sheet and strip, down 3 percent; hot rolled sheet, down 4 percent; and cold rolled sheet, down 6 percent.

Tim Triplett
Read more from Tim TriplettLatest 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.