US HR still theoretically at a premium to Asian product despite S232 at 50%
The price gap between US hot-rolled coil (HR) and landed offshore product has been relatively flat to begin the year.
Contributor: David Schollaert
David Schollaert
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Nucor increases HRC spot price by $10/ton
Nucor’s consumer spot price (CSP) for hot-rolled coil increased to $960 per short ton (st), up $10/st vs. the prior week.
December service center shipments and inventories report
US service centers’ flat-rolled steel supply recovered in December, after trending lower from September to November.
SSAB, Nucor, and Oregon Steel aim to push plate prices higher
SSAB Americas, Nucor, and Oregon Steel Mills all announced higher plate prices on Friday.
SMU scrap market survey results now available
SMU’s January ferrous scrap market survey results are now available on our website to all premium members.
Nucor holds HR spot price at $950/ton
Nucor kept its consumer spot price (CSP) for hot-rolled coil unchanged at $950 per short ton (st) for a third week.
Oregon Steel Mills ups plate prices by $40/ton
Oregon Steel Mills has joined other producers, announcing a price increase of at least $40 per short ton (st) for steel plate. The Portland, Ore.-based company told customers on Monday that the minimum increase was effective immediately with all new orders. It applies to all carbon, HSLA, hot-rolled coil, normalized, and quenched and tempered products, […]
Nucor HR spot price flat at $950/ton
Nucor kept its consumer spot price (CSP) for hot-rolled coil unchanged at $950 per short ton (st).
SSAB increases plate prices by at least $40/ton
SSAB Americas aims to increase prices on all its products by at least $40 per short ton (st).
SMU Mill Order Index falls in November
SMU’s Mill Order Index (MOI) declined in November after surging the month prior. The fall came as service center intake levels sharply declined, supported by a cut in shipments, according to our latest service center inventories data.
Asian HR theoretically cheaper than US HR - even with S232 at 50%
The price gap between stateside hot band and landed offshore product continues to narrow, inching closer toward parity. The premium is now, on average, at its lowest level since July.
AIA: Architecture firms face prolonged billing declines as 2026 looms
Architecture firms across the United States continued to grapple with weak billings in November, amid uncertain economic conditions, according to the AIA.
Tampa Steel Conference: It’s just around the corner!
With less than two months to go, we have nearly 300 attendees registered so far for the 37th annual Tampa Steel Conference.
HVAC equipment shipments down through October
US shipments of heating and cooling equipment fell 11% in October from September to the lowest monthly rate of the year, and an eight-year low, according to AHRI.
November service center shipments and inventories report
Flat rolled = 50.6 shipping days of supply Plate = 52.8 shipping days of supply Flat rolled US service centers’ flat-rolled steel supply declined for the fourth straight month, reaching 50.6 shipping days of supply on an adjusted basis at the end of November, according to SMU data. Flat roll supply is at its lowest […]
Nucor increases HR spot price by $10/ton, again
Nucor increased its weekly hot-rolled coil spot list price by $10 per short ton (st) again on Monday, Dec. 15. This was its eighth increase in as many weeks, moving up $65/st over that span.
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.
Spread between US HRC and imports tightens marginally
The price gap between stateside hot band and landed offshore product continues to narrow toward parity, now at its lowest level in five months.
SMU scrap market survey results now available
SMU’s December ferrous scrap market survey results are now available on our website to all premium members.
Nucor ups HR spot price by $10/ton
Nucor increased its weekly hot-rolled coil spot list price by $10 per short ton (st) on Monday, Dec. 8.
Metalformers outlook steady despite headwinds in November: PMA
Metalforming manufacturers were mixed in their outlook, anticipating business conditions could either worsen or, at best, hold in the near-term, according to PMA's November report.
Price gap between US HRC, imports shrinks
The price gap between stateside hot band and landed offshore product has inched closer to parity, now at its lowest level since the summer.
Oregon Steel Mills increases plate prices by $40/ton
Oregon Steel Mills has joined other producers, announcing a price increase of at least $40 per short ton for steel plate.
Nucor increases HR spot price by $5/ton
Nucor increased its weekly hot-rolled coil spot list price by $5 per short ton (st) on Monday, Dec. 1. This was its sixth increase in as many weeks, moving up $45/st over that span.
SMU Survey: Current, Future Sentiment Indices log increases
SMU’s Current Steel Buyers’ Sentiment Index improved this week as Future Sentiment inched up as well, according to our most recent survey data.
Price gap between US HRC, imports narrows again
The price gap between stateside hot band and landed offshore product tightened further this week, as the average price for domestic hot-rolled was $10/st higher w/w.
US and Canadian rig counts fall back
US and Canadian rig counts both declined this week, according to the latest Baker Hughes data released on Wednesday, Nov. 26.
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.
SSAB to up plate prices by at least $40/ton
SSAB Americas aims to increase prices on all its products by at least $40 per short ton (st).
AISI: Weekly raw steel production ticks back up
Domestic steel production improved last week, according to the latest figures from the American Iron and Steel Institute (AISI).