Steel Products Prices North America
August 12, 2013
Net Imports/ Exports
Written by Peter Wright
In three months through May exports of flat products declined as those of long products remained unchanged (see graphic below).
Latest in Steel Products Prices North America
SMU Price Ranges: Sheet Price Slide Continues, Plate Steady
Sheet prices slipped again, continuing a trend of lower week-over-week tags that began in mid-July.
SMU Price Ranges: Sheet Price Slide Again as Volume Discounts Continue
Sheet prices slipped for the third consecutive week on continued discounts from certain mills for larger buyers.
AISI: Raw Steel Output Up for Third Straight Week
US raw steel production inched up for a third consecutive week, according to data released by the American Iron and Steel Institute (AISI) on Monday, July 31. Steel production in the US increased to 1,749,000 net tons for the week ended July 29, up 0.5% from 1,741,000 net tons the previous week. US production is 1.6% higher […]
CRU Aluminum: LME Stabilizes After Breaking $2,200/t Support
The LME aluminum three-month price is moving higher again, closing the week on the morning of July 28 at $2,215 per tonne. The previous day, the price dropped sharply at the close and briefly moved below $2,200/t. The next day the price was seen increasing again, suggesting support at $2,200/t has once again been regained. […]
Ternium Could See Upside to Potential Steel Tariffs from US
Mexican steelmaker Ternium could benefit if the US places new steel tariffs on Mexico, according to New York-based investment firm Morgan Stanley. “First, if the US were to levy tariffs on steel imports from Mexico, we believe the government of Mexico would likely respond with a similar measure. Second, due to its product mix, Ternium would likely benefit […]