Steel Products Prices North America
June 13, 2017
Steel Buyers Reflect on Price Increases & Section 232
Written by John Packard
Steel Market Update (SMU) has been in contact with dozens of steel buyers and executives over the past 24 hours discussing the status of the flat rolled price increases, steel mill lead times and other items of interest to the steel community.
Most steel buyers reported the flat rolled price increases as being in effect “as of today” with many pointing to $580-$600 per ton ($29.00/cwt-$30.00/cwt) as the starting point for hot rolled, $790-$810 per ton ($39.50/cwt-$40.50/cwt) as the starting point for cold rolled and coated products. We collected some numbers slightly above and a little below the numbers referenced but, the range of prices has shrunk compared to what we saw last week.
