Steel Products Prices North America

Steel Shipments Down by 16.7% in First Three Quarters
Written by Tim Triplett
November 12, 2020
U.S. steel mills shipped 6,662,904 net tons in September, a 2.0 percent increase from the 6,532,652 net tons shipped in the previous month, but a 14.2 percent decrease from the 7,767,310 net tons shipped in September 2019, reported the American Iron and Steel Institute.
Shipments year-to-date totaled 60,449,359 net tons, a 16.7 percent decrease vs. 2019 shipments of 72,577,746 for nine months.
Compared with August, hot dipped galvanized sheet and strip shipments were up by 2 percent in September. Hot rolled sheet shipments declined by 1 percent month/month, while cold rolled sheet shipments were unchanged.

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

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.

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.