Steel Products Prices North America

CSI Raises Flat Rolled by Another $50-70 Per ton
Written by Tim Triplett
November 17, 2020
California Steel Industries notified customers on Monday that its February order book is now open and it is increasing transaction prices on its flat rolled products.
CSI increased pricing on spot orders of hot rolled and P&O by $50 per ton, and on orders for cold rolled and galvanized by $70 per ton, effective immediately. All pricing is subject to slab availability and mill capacity.
“We express our sincere appreciation for your ongoing support as we all manage our business through the significant swings in economic conditions related to the Covid-19 pandemic,” the company said.
This is the fourth increase by CSI on flat rolled since late August as the economy and steel demand have recovered from the pandemic. This week’s announcement was preceded by increases of $90-100 per ton on Nov. 2, $60-70 per ton on Sept. 21, and $50-60 per ton on Aug. 26. Steel Market Update’s check of the market this week puts the benchmark price for hot rolled steel at $730 per ton.

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

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.

Nucor’s $875/ton HR spot price spills into week six
Nucor is keeping hot-rolled (HR) coil prices unchanged again this week, according to its latest consumer spot price (CSP) notice issued on Monday, Sept. 29.