• Skip to main content

    Prices

    NLMK USA Adjusts Most Galvanized Extras Lower

    Written by Brett Linton


    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 Linton

    Latest in Prices

    Sheet market expects broad price stability and ‘hot’ HR demand

    Some domestic hot-rolled (HR) coil market participants say they expect prices remain stable through the end of 2026.  Asked why prices would hold and not slip, sources said they anticipate mills won’t suddenly have much more capacity for spot orders. They also noted that the annual summer doldrums haven’t sent demand into a precipitous decline. They contend that most in the steel industry expected […]