Steel Products Prices North America
December 12, 2017
Mills Ending Year on a High (Price) Note
Written by Tim Triplett
With mill order books extending into February on some products, most domestic steel producers have announced price increases. Steel Market Update sees steel prices moving higher for the next 30-60 days.
The steel plate mills were the first to go last week, adding $50 per ton ($2.50/cwt) to the base price of plate steel. SSAB Americas, Nucor and ArcelorMittal USA all announced their intentions to raise steel plate transaction prices by $50, effective immediately. Domestic plate producers raised prices by a total of $130 per ton ($6.50/cwt) in November and December.
