CR imports more attractive as US prices remain on the rise
Cold-rolled (CR) coil prices ticked up in the US this week, as offshore prices mostly trended lower.
Contributor: David Schollaert
David Schollaert
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New York manufacturing activity growth slowed in June
Manufacturing activity in New York state increased modestly in June, easing after posting strong growth the month prior, according to the Empire State Manufacturing Survey.
Imports more attractive as US prices continue to rise
SMU’s average price for domestic HR was $1,130 per short ton (st) this week, $15/st higher week over week (w/w). In offshore markets last week, prices were largely down, following a trend seen since late April.
SMU Steel Demand Index moves higher
SMU’s Steel Demand Index ticked back up from late May, remaining in elevated territory, according to mid-June indicators.
SMU's Mill Order Index accelerates in May
SMU’s Mill Order Index recovered in May, reclaiming some momentum lost the month prior.
Nucor Plate Group keeps fuel surcharge unchanged for July
Nucor Plate Group will maintain its previously announced fuel surcharge of $10 per short ton for next month, effective on all shipments beginning July 1.
Heating and cooling equipment shipments slow in April
Total heating and cooling equipment shipments declined 5% in April, according to AHRI figures.
May service center shipments and inventories report
US service centers’ flat-rolled steel supply declined for a fourth straight month in May, with shipping days of supply slipping to 44.7 on an adjusted basis, according to SMU data.
Nucor again ups spot HR price by $10/ton
Nucor announced on Monday, June 15, that its consumer spot price (CSP) for hot-rolled coil will be $1,125 per short ton (st) for the week, up $10/st from last week.
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SMU flat-rolled market survey results now available
SMU’s latest steel buyers market survey results are now available on our website to all premium members.
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Domestic, offshore HR prices continue to diverge, narrowing the premium
The price gap between US hot-rolled coil (HR) and landed offshore product continues to narrow, as stateside prices are now, on average, carrying a premium over imports. Domestic tags are still outpacing imported hot band as pricing dynamics diverge.
SSAB aims to increase plate prices by $40/ton
SSAB Americas plans to increase plate prices by at least $40 per short ton (st), according to a letter sent to customers on Monday.
Dodge Momentum increased in May
The Dodge Momentum Index (DMI) grew in May, up from a downwardly revised April reading. Gains were again driven by data centers, though healthcare, retail, and office grew vs. April.
Nucor increases spot HR price by $10/ton, again
Nucor announced on Monday, June 8, that its consumer spot price (CSP) for hot-rolled coil will be $1,115 per short ton (st) for the week, up $10/st from last week.
AHMSA bankruptcy auction moves forward
A Mexican court has approved the joint auction of AHMSA and its MINOSA mining assets for $1.33 billion, paving the way for a single buyer to take control of both businesses.
Atlas Tube, Maruichi USA to form JV
Atlas Tube, a Zekelman company, said on Friday it has agreed to form a joint venture with Maruichi USA.
US cold-rolled group responds to Mexico trade case
The Association of Cold Rolled Specialty Steel (ACRSS) officially responds to the formal investigation Mexico opened into cold-rolled steel imports from the US
Nucor aims to hike plate prices by $60/ton
Nucor on Friday announced plans to increase plate prices by $60 per short ton (st).
SMU scrap market survey results now available
SMU’s June ferrous scrap market survey results are now available on our website to all premium members.
The gap between US HR prices, imports keeps narrowing
The price gap between US hot-rolled coil (HR) and landed offshore product continues to narrow toward parity.
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We’re less than 90 days out from North America’s largest gathering of the flat-rolled steel industry!
Nucor increases spot HR price by $10/ton
Nucor announced on Monday, June 1, that its consumer spot price (CSP) for hot-rolled coil will be $1,105 per short ton (st) for the week, up $10/st from last week.
SMU's Mill Order Index down slightly in April
SMU’s Mill Order Index (MOI) eased marginally in April, losing some momentum after moving higher in March.
SMU flat-rolled market survey results now available
SMU’s latest steel buyers market survey results are now available on our website to all premium members.
April service center shipments and inventories report
US service centers’ flat-rolled steel supply fell for a fourth straight month in April, with shipping days of supply slipping to 45.7 on an adjusted basis, according to SMU data.
SMU Steel Summit 2026: It will be here before you know it!
While August might seem like a long way off, we’re putting the final touches on the agenda for steel’s can’t-miss gathering of the year.
SMU scrap market survey results now available
SMU’s April ferrous scrap market survey results are now available on our website to all premium members.