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US Steel Sheet Prices Expected to Find Floor by Year-End

Dec 1, 2015

Prices for hot-rolled and cold-rolled coil in the US are expected to bottom out by the end of the year, sources said Tuesday. Platts maintained its daily HRC and CRC assessments at $360-$370/st and $490-$500/st, respectively. Both prices ...

Tags: hot-rolled coil, cold-rolled coil

MMK Metalurji Posts Increased by 66 Percent, While Export Sales Improved by 30 Percent

Jun 13, 2014

Turkey-based steel producer MMK Metalurji, a subsidiary of Russian steel giant Magnitogorsk Iron and Steel Works (MMK), has announced that hot dip galvanized steel sheet sales to the Turkish domestic market increased by 66 percent, while ...

Tags: Steel Sheet, Coated Steel

US Steel Sheet Prices Stayed Flat on Tuesday, But Downward Pricing Pressure Develops

Jun 5, 2014

US steel sheet prices stayed flat on Tuesday as mills remained reluctant to offer lower prices, but sources noted that downward pricing pressure is continuing to develop. Platts maintained its hot-rolled coil assessment at $675-685/st, ...

Tags: Steel Sheet, hot-rolled coil

The US Hot-Rolled Coil Steel Sheet Market Saw Prices Trend Move Down for The Second Time

May 26, 2014

The US hot-rolled coil steel sheet market Wednesday saw prices trend move down for the second time this week as buyers and at least one producer reported lower offers and transaction prices. One Midwestern service center source said HRC ...

Tags: Steel Sheet, Hot-Rolled Steel

The US Steel Sheet Market Remains Relatively Steady

May 21, 2014

The US steel sheet market remains relatively steady, though a lack of buyer urgency may be eroding the bottom range of hot-rolled pricing, market sources said Monday. A top-tier mill source said import buying has picked up but domestic ...

Tags: Steel Sheet, top-tier mill

Mill Discipline and Supply Issues Have Brought US Steel Sheet Prices up

Mar 31, 2014

Mill discipline and supply issues have brought US steel sheet prices up, but those prices are anything but secure, market sources told Platts Thursday. "The mills timed [the increase] well," said one service center executive. "I don't ...

Tags: Steel Sheet, cold-rolled coilc, hot-rolled assessment

US Sheet Steel Prices Are Turning Lower

Feb 10, 2014

US sheet steel prices are turning lower, sources said Thursday, due to a combination of lackluster demand, import concerns, and a slight weakening of discipline at the mill level. Platts lowered its hot-rolled coil assessment from ...

Tags: Steel Sheet, Weak Demand

Nucor, Arcelormittal, NLMK Have Announced to Raise Its Steel Sheet Prices

Dec 25, 2013

Reportedly, the major steelmakers in the US, Nucor, ArcelorMittal and NLMK have announced to raise its steel sheet prices. The three companies set a minimum spot base prices of US$700/short ton for hot rolled coils and US$810/short ton ...

Tags: steel, metallurgy

Market Sources Were Unsure Why Domestic Mills Have Yet to Increase US Steel Sheet Prices

Dec 17, 2013

While most market sources on Friday said they were unsure why domestic mills have yet to increase US steel sheet prices in response to rising scrap prices, at least one service center executive said it may be the result of relatively ...

Tags: US Sources, Steel Sheet, Steel Sheet Prices

Market Sources Were Unsure Why Domestic Mills Have Yet to Increase US Steel Sheet Prices

Dec 17, 2013

While most market sources on Friday said they were unsure why domestic mills have yet to increase US steel sheet prices in response to rising scrap prices, at least one service center executive said it may be the result of relatively ...

Tags: US Market, Steel Sheet Prices

US Steel Sheet Prices Are Likely Headed Higher

Dec 9, 2013

US steel sheet prices are likely headed higher as mills appear to be maintaining tight discipline, market sources said Thursday. Platts maintained its hot-rolled coil assessment at $670-680/st and its cold-rolled coil assessment at ...

Tags: Steel Sheet, hot-rolled coil

California Steel Industries Recently Announced to Raise Its Steel Sheet Prices

Nov 11, 2013

It’s reported that California Steel Industries recently announced to raise its steel sheet prices by US$40~US$60/short ton, effective immediately. The company decided to raise prices for hot rolled coils and cold rolled coils by ...

Tags: Steel Industries, Flats Prices

US Sheet Steel Prices Appear to Be Headed Higher

Nov 1, 2013

US sheet steel prices appear to be headed higher as both buyers and sellers report solid discipline among producers. While several buyers said they are seeing stable prices, one service center source said he's been able to raise prices to ...

Tags: Steel Sheet, steel, Construction

Nucor Announces Its Net Earnings in Q2 Totaled US$85.1 Million

Jul 19, 2013

It’s reported that the US steelmaker Nucor announced its net earnings in the second quarter of this year totaled US$85.1 million, increasing slightly from a quarter ago but falling by 24% in comparison of net earnings of US$112.3 ...

Tags: Nucor, Mineral

Baosteel Plans to Reduce The Price of Ship-Building Plate for July Shipment

Jun 13, 2013

Baosteel plans to cut the price of ship-building plate for July shipment around RMB230/ton (US$37/ton). Meanwhile, market participants also predict whether Baosteel would cut the price of HR and CR by the same level for July shipment. ...

Tags: Construction, steel, Ship-Building Plate

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