U.S. Steel has released updated galvanized steel coating extras, with new prices going into effect on Jan. 2, 2022. Other mills have also adjusted their coating extras due to rising zinc costs in recent months; NLMK, Big River Steel, and Nucor all have revised extras going into effect in January 2022, and ArcelorMittal USA and […]
Ferrous scrap prices are starting to settle as of today. Initial checks with some of our scrap sources found prime grades down $40 and obsolete grades down $30 in portions of the Midwest. We learned the Cleveland area mills bought busheling down $20 to $300/gross ton. We also learned of a purchase of HMS at […]
Last week, we mistakenly published new extras for Nucor that have not yet been announced. We have revised our galvanized coating extras comparison table (see below), which is also available on our website. The table below is available on our website in the menu system under Resources > Steel Mills > Galvanized > Coating Extras […]
Zinc prices have been rising and we are starting to see updated galvanized price extras from the mills. Steel Market Update has received updated galvanized coating extras from Nucor, USS Posco (UPI), NLMK, California Steel Industries (CSI), and AK Steel. We updated the comparison tables on our website and have included a copy of the […]
Steel Market Update received information from the last couple of mills missing from our galvanized coating extras analysis and we wanted to make sure that everyone gets to see the finished product. This analysis is also on our website and can be found under the Resources tab (Resources > Steel Mills > Galvanized > Coating […]
Most of the flat rolled steel mills have made changes to their zinc coating extras to either be effective immediately or by the beginning of April 2017. The new extras replaced those that became effective November 2016 through January 1, 2017. The extras were raised due to the increasing cost associated with zinc purchases needed […]