International Steel Prices
CRU: High Raw Material Costs Continue to Support US Pricing
Written by Alexandra Anderson
April 22, 2022
By CRU Prices Analyst Alexandra Anderson, from CRU’s Steel Monitor, April 21
Request more information about this topic.
Learn more about CRU’s services at www.crugroup.com
Alexandra Anderson
Read more from Alexandra AndersonLatest in International Steel Prices
US CR tags still nearly 30% more than imports
Foreign cold-rolled (CR) coil remains much less expensive than domestic product, according to SMU’s latest check of the market.
US HR premium dips even as stateside tags edge lower
US hot-rolled (HR) coil remains more expensive than offshore hot band, though with a tighter premium as prices stateside and abroad have ticked lower in recent weeks.
CRU: Sheet prices stable w/w in most areas of the world
Steel sheet prices in many regions of the world were steady week over week in the week ended April 17.
US CR tags 30% more than imports
Foreign cold-rolled (CR) coil remains less expensive than domestic product, according to SMU’s latest check of the market.
US HR premium widens on lower offshore tags
US hot-rolled (HR) coil has become gradually more expensive than offshore hot band in recent weeks, as stateside prices have stabilized while imports moved lower.