Steel Products Prices North America

California Steel Adjusts Galvanized Coating Extras
Written by Brett Linton
August 27, 2020
California Steel Industries notified customers on Wednesday that it will be raising the extra charge for galvanized coatings due to an increase in the market price of zinc. CSI advised customers: “Due to changing zinc costs, our Galvanized Coating Extras have been revised. These changes will be effective beginning with orders placed for October shipment and later.”
CSI is the second mill to revise their galvanized coating extras this week, following Steel Dynamics on Tuesday.
SMU has done an analysis on the old and new extras, provided below. CSI extras increased an average of 15 percent.

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

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.

SMU Price Ranges: Tags mixed as uncertainty weighs on market
SMU’s hot-rolled (HR) coil price held steady this week while prices for other sheet and plate products declined.

Nucor spot HR list price unchanged at $875/ton
Nucor kept its weekly list price for hot-rolled (HR) coil unchanged this week, following a price bump of $10 per short ton (st) last week.

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.