Sheet
May 21, 2024
Written by Brett Linton
Big River Steel (BRS) made upward revisions to most of its galvanized coating extras this week, with new extras going into effect July 6.
The steelmaker has increased extras by an average of nearly 14%, according to their latest price book. Their coating extras were previously revised late last year, effective Jan. 6.
Domestic raw steel output fell to a six-month low last week after hitting a multi-year high one week earlier, according to the latest American Iron and Steel Institute (AISI) figures.
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.
The Commerce Department has found high dumping rates of Chinese tin mill products in the US market.
The results of the latest SMU flat-rolled market survey are now available on our website to all premium members.
I ended my previous column expecting some eventful times ahead for HRC futures. That proved true almost immediately.