AISI reports strong mill shipments in June
June US steel mill shipments jumped 4.8% from May and 8.7% from June last year.
Tag: domestic steel
AISI: Domestic steel production at two-month high
The amount of raw steel produced by US mills increased last week to the highest rate recorded since early June. Domestic production has been historically strong for over five months now.
US HR prices remain firm, imports slip
The decisive factor remains the 50% Section 232 tariffs. Still, imports from Europe remain largely near parity with domestic material, while Southeast Asian products are at a considerable discount.
AISI: Raw steel production rebounds to 7-week high
Domestic steel mill output increased last week and remained historically strong, according to recently released American Iron and Steel Institute (AISI) figures.
AISI: Domestic mill production eases to 3-month low
Total US raw steel mill output declined last week to the lowest rate seen since April, according to the latest American Iron and Steel Institute (AISI) figures
US HR prices unchanged, imports vary slightly
SMU’s average price for domestic HR remained flat, holding firm for the past three weeks. In offshore markets last week, prices mainly moved higher.
AISI: Raw steel mill output slips, holds historically strong
Domestic raw steel output eased to an 11-week low last week, according to recently released American Iron and Steel Institute (AISI) figures
US prices hold firm, imports remain appealing
SMU’s average price for domestic HR was unchanged vs. last week. In offshore markets last week, while prices diverged, the dynamic between stateside and imported product varied little.
AISI: Domestic steel shipments increase in May
The American Iron and Steel Institute (AISI) reports that US mill shipments increased 6.2% in May from April.
AISI: Raw steel production ticks back up
Total US raw steel output recovered last week after declining in the three prior weeks, according to recent American Iron and Steel Institute (AISI) figures.
US prices move higher, imports drawing more attention
Imports from Europe are at parity with domestic hot rolled, while Southeast Asian products remain at a considerable discount. The result comes because a stateside rally coincides with faltering offshore prices.
AISI: Raw steel production slows to two-month low
Total US raw steel output declined last week for the third-consecutive week but remains historically strong.
US CR price premium over imports widens
Cold-rolled coil prices moved higher in the US this week, as offshore prices trended lower. Imports are, as a result, increasingly more competitive, even with the 50% Section 232 tariff.
Domestic steelmakers tell Congress tariffs, demand fueling wave of steel investments
Domestic steelmakers told the Congressional Steel Caucus that strong trade enforcement and Section 232 tariffs continue to drive higher production, new investment, and facility restarts nationwide.
Imports increasingly more attractive as US prices move higher
SMU’s average price for domestic HR was $1,145 per short ton (st) this week, $15/st higher week over week (w/w). In offshore markets last week, prices moved down, largely maintaining a trend seen since late April.
AISI: Raw steel mill output eases to 8-week low
US raw steel production has eased over the past month following the multi-year high seen in May, according to recent American Iron and Steel Institute (AISI) data
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.
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.
AISI: Steel mill output cools after recent high
The volume of raw steel produced by US mills slipped to a seven-week low last week but remains historically high, according to American Iron and Steel Institute (AISI) figures released on Monday.
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.
AISI: Domestic steel shipments slip in April
The American Iron and Steel Institute (AISI) reports that US steel shipments fell from March to April.
AISI: Domestic mill production remains strong
Domestic steel mill output remained historically strong last week, holding within earshot of a multi-year high.
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.
AISI: Raw steel production holds near 6-year high
Domestic raw steel output remains within reach of a multi-year high, per AISI figures.
AISI: Raw steel production inches up to 6-year high
Domestic raw steel production ticked up to the highest weekly output rate recorded since March 2020, according to recently published American Iron and Steel Institute (AISI) data.
Defense Production Act energy orders set stage for higher steel use
The Trump administration's invocation of the Defense Production Act authorizes the Department of Energy to use DPA tools to accelerate construction, expand domestic manufacturing capacity, and shore up critical supply chains – all areas with direct implications for steel.
AISI: Raw steel production rises to 4.5-year high
Domestic raw steel production increased to a new multi-year high last week, per AISI figures.
Gap between US HR prices, imports little changed
The price gap between US hot-rolled coil (HR) and landed offshore product tightened this week. The dynamic continues even as stateside and import prices diverged a bit vs. the prior week.
AISI: Raw steel production holds near multi-year high
The volume of raw steel produced by US mills eased last week but remains within earshot of the multi-year high set one week prior
Price gap between US HRC, imports ticks tighter
The price gap between US hot-rolled coil (HR) and landed offshore product tightened this week. The dynamic continues as both stateside and offshore prices have largely trended higher.