Steel Products Prices North America
AISI: November Data Shows Steel Shipments Up 17% vs '20
Written by Tim Triplett
January 11, 2022
U.S. steel mills shipped 7,893,990 net tons in November, a 16.9% increase from the same month last year, but a decline of 3.9% from the previous month, the American Iron & Steel Institute reported.
Shipments by U.S. steelmakers year to date through November totaled 86,848,042 net tons, a 17.4% increase versus 2020 shipments of 73,950,515.
Shipments of corrosion-resistant sheet and strip jumped 20%, cold-rolled sheet increased 15%, and hot-rolled sheet rose 12% in the first 11 months of 2021 compared with the prior year, AISI said.
By Tim Triplett, Tim@SteelMarketUpdate.com
Tim Triplett
Read more from Tim TriplettLatest in Steel Products Prices North America
SMU Price Ranges: HR slips, hopes for Q4 rebound still standing
SMU’s price ranges were mixed again this week as the market continues to seek a floor amid industry hopes for a Q4 rebound.
Nucor’s hot band list price holds at $875/ton
Nucor held its hot-rolled coil list price flat again this week, according to its Monday, Sept. 15 consumer spot price (CSP) notice.
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.