Steel Products Prices North America

Pipe & Tube Producers Hike Prices $50 Per Ton
Written by Sandy Williams
September 15, 2020
Some leading pipe and tube producers are increasing prices by $50 per ton due to increased demand from construction and automotive-related industries, as well as higher raw material costs.
On Monday, Nucor Tubular Products announced an immediate $50 increase on all new orders for HSS, pipe, mechanical and piling products. Atlas Tube followed suit on HSS and EXLTUBE on A500, A513 and A53B products.
Nucor says all orders booked prior to the announcement will be price protected for shipments through Oct. 12. EXLTUBE is protecting previously booked order shipments through Oct. 9.
Said one producer: “Lead times are as far out as I have seen since Section 232, and inventories are even tighter right now. Especially rack manufacturers, heating and cooling manufacturers and automotive-related industries. Trailers are strong again.”

Sandy Williams
Read more from Sandy WilliamsLatest 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.