David Schollaert

Hot-rolled (HR) coil prices ticked down in the US last week, while tags abroad varied. The result: US hot band margin over imports on a landed basis has narrowed to a slight extent.

The price spread between US-produced cold-rolled (CR) coil and offshore products tightened in the week ended Jan. 17.

The latest SMU Community Chat webinar reply is now available on our website to all members. After logging in at steelmarketupdate, visit the

Hot-rolled (HR) coil prices were unchanged in the US this week, while tags abroad moved up. The result: US hot band margin over imports on a landed basis has narrowed further.

With just 10 days to go and nearing the final countdown, we have nearly 550 registered (and counting) so far for the 36th annual Tampa Steel Conference. With just 10 days to go and nearing the final countdown, we have nearly 550 registered (and counting) so far for the 36th annual Tampa Steel Conference.

The price spread between US-produced cold-rolled (CR) coil and offshore products tightened slightly in the week ended Jan. 24, as imports edged higher than US product.

Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $760 per short ton (st) on Monday, Jan. 21.

Nucor Corp. announced that its plate mill group was raising prices for as-rolled, discrete, cut-to-length, and normalized plate with the opening of its March order book.

Two US plate mills – SSAB Americas and Evraz North America (NA) – have followed Nucor so far in raising plate prices, with the opening of their March order books.

US plate prices just last week hit their lowest level in more than four years, and a fraction of their all-time high of $1,940 per short ton (st) in May 2022. But repeated mill price hikes this week may have stopped the bleeding and could signal a rebound.