David Schollaert

Nucor upped its consumer spot price (CSP) for hot-rolled coil by $5/st to $1,160/st for the week of Aug. 10.

The Dodge Momentum Index (DMI) rose in July, up from an upwardly revised June reading.

Nucor announced revisions on its galvanized and galvannealed coating extras on Monday, Aug. 10, increasing both.

The domestic plate market is increasingly constrained as lead times spill well into Q3 and mills talk allocation.

SMU’s average price for domestic hot rolled (HR) was unchanged week on week (w/w) at $1,180 per short ton (st). In offshore markets, prices mainly moved up.

The countdown is on! Steel Summit is less than a week away. Will you be in the room?

SMU’s Mill Order Index (MOI) grew further in July, up for a third straight month. The result came as service center on-order volumes and new order entries accelerated, according to our latest service center inventories data.

SMU’s Steel Demand Index saw a negligible decline in growth, slightly behind early August but still in elevated territory, according to mid- to late-August indicators.

SMU’s average price for domestic hot rolled (HR) rose to $1,195 per short ton (st)

Nucor said on Monday, Aug. 24, that its CSP for hot-rolled coil will be $1,180 per short ton (st) for the week, a $10/st increase from a week earlier.