Steel Products Prices North America
NLMK USA Adjusts Most Galvanized Extras Lower
Written by Brett Linton
July 8, 2022
NLMK USA made mostly downward revisions to their galvanized coating extras this week. The new extras go into effect in August 2022.
Earlier this week, Steel Dynamics also revised their galvanized coating extras, with their new prices going into effect August 1, 2022. SMU provides a comparison of mill galvanized coating extras here in the Resources section of our website, comparing G30, G60 and G90 coating weights between 10 US mills. Detailed extras by individual mill are also available via the right-side navigation menu on that page.
SMU has analyzed the old and new extras below. Select NLMK USA extras decreased between 0-15%, with an average decrease of 7%. NLMK extras were previously revised in March 2022.
By Brett Linton, Brett@SteelMarketUpdate.com
Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America
Atlas Tube up $50/ton following NLMK USA sheet price hike
Atlas Tube, in a leading move, said it aims to increase prices for mechanical tubing, hollow structural sections (HSS), and piling products by at least $50 per short ton (st).
NLMK USA up $50/ton on HR and CR, up $100/ton on coated
NLMK USA plans to increase prices for hot-rolled and cold-rolled coil by at least $50 per short ton (st). The move is effective immediately for all spot orders, the steelmaker said in a letter to customers on Friday.
SMU Price Ranges: Sheet floor holds as market debates upside
Our average HR coil price increased $5/short ton from last week, marking a second consecutive week of modest gains. Market participants generally attributed the increase to...
Thin demand keeps plate prices hovering at lowest levels since February
Participants in the domestic plate market say spot prices appear to have hit the floor, and they continue to linger there. They say demand for steel remains thin, with plate products no exception.
SMU Price Ranges: HR crawls back to $800/ton
SMU’s HR price stands at $800/st on average, up $5/st from last week. The modest gain came as the low end of our range firmed, and despite the high end of our range declining slightly.