Prices
November 14, 2023
US Scrap Tags Up in November, Momentum Could Carry Into February
Written by Ethan Bernard
Domestic scrap prices rose in November month over month for all grades that SMU covers, market sources said.
Latest in Prices
Nucor increases spot HR by $10/ton
Nucor said on Monday, Sept. 21, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,210 per short ton (st) this week, a $10/st increase from a week earlier.
Plate supply squeeze tightens as demand presses higher
The domestic plate market is showing few signs of relief for steel buyers. Lead times are stretching well beyond seasonal norms, spot availability has all but evaporated, and mills are drawing hard lines on contract volumes heading into 2027 negotiations.
SSAB Americas hikes extras, doubles Grade 50 adder
SSAB Americas announced immediate changes to pricing extras on select products, according to a letter sent to customers Friday morning.
Nucor Plate Group raises fuel surcharge to $20/ton for October
Nucor Plate Group said it will be increasing its fuel surcharge to $20 per short ton for next month, effective on all shipments beginning Oct. 1.
Nucor increases HR coil CSP to $1,200/ton
Nucor said its consumer spot price for hot-rolled coil will be $1,200 per short ton (st) the week of Monday, Sept. 14. That's a $10/st increase from a week earlier.