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: 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.
Discontentment brews in plate market with flat, status-quo pricing
Sources in the carbon and alloy steel plate market said they are less discouraged by market uncertainty resulting from tariffs or foreign relations, but are instead, eager to see disruption to the flat pricing environment.
Nucor lowers HR coil spot price by $15/ton
Nucor has implemented a double-digit price decrease on spot hot-rolled (HR) coil for the second consecutive week.