Prices
April 20, 2021
Written by Michael Cowden
California Steel Industries (CSI) has opened its flat rolled orderbook, and the West Coast slab converter has also increased prices by as much as $130 per ton ($6.50/cwt), according to market participants.
“The purpose of this letter is to inform you that CSI’s July Flat Rolled Order Book is now open,” the company said in emails to customers on Tuesday, April 20.
Nucor said on Monday, Sept. 21, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,210 per short ton (st) this week, a $10/st increase from a week earlier.
The domestic plate market is showing few signs of relief for steel buyers. Lead times are stretching well beyond seasonal norms, spot availability has all but evaporated, and mills are drawing hard lines on contract volumes heading into 2027 negotiations.
SSAB Americas announced immediate changes to pricing extras on select products, according to a letter sent to customers Friday morning.
Nucor Plate Group said it will be increasing its fuel surcharge to $20 per short ton for next month, effective on all shipments beginning Oct. 1.
Nucor said its consumer spot price for hot-rolled coil will be $1,200 per short ton (st) the week of Monday, Sept. 14. That's a $10/st increase from a week earlier.