Hot Rolled Coil – Midwest

Moved Down

$655 $/short ton

6 days ago

Mini-Mill HRC CONVERSION COST ESTIMATE

Moved Down

$591 $/short ton

6 weeks ago

Cold Rolled Coil - Midwest

Moved Down

$750 $/short ton

5 days ago

Hot Dipped Galvanized - Midwest

Moved Down

$780 $/short ton

3 weeks ago

HRC International Comparative Analysis

USA to China
1.04 Moved Up $24/short ton
5 days ago

USA to Northern Europe
1.03 Moved Down $21/short ton
6 days ago

USA to India
.9 Moved Up ($71)/short ton
6 days ago

USA to CIS
1.2 Moved Up $112/short ton
6 days ago

Weekly Domestic Capacity Utilization All Products

Moved Up

81.1% this week

79.4% last week

72.7% last year

6 days ago

Weekly Raw Steel Production

Moved Up

2.005M tons this week

1.963M tons last week

1.778M tons last year

6 days ago

HRC Midwest Lead Time

Moved Down

2.5 Weeks

3 weeks ago

Nymex Hot Rolled
Coil Futures

3 days ago

  Last Change Prior
2012
05 662.00 -3.00 665.00
06 655.00 -5.00 660.00
07 655.00 -5.00 660.00
08 655.00 -5.00 660.00
09 655.00 -5.00 660.00
10 660.00 -5.00 665.00
11 660.00 -5.00 665.00
12 660.00 -5.00 665.00
2013
01 665.00 -20.00 685.00
02 665.00 -20.00 685.00
03 665.00 -20.00 685.00
06 665.00 -20.00 685.00

Raw Materials Information

Mini-Mill Scrap
6 weeks ago
Moved Down $436
$/gross ton
Pig Iron Brazil Export
7 weeks ago
No Change $480
$/metric tonne
Pig Iron Black Sea Export
3 weeks ago
Moved Down $458
$/metric tonne
Iron Ore
4 days ago
Moved Down $135.25
$/metric tonne
Coking Coal
7 weeks ago
No Change $215
$/metric tonne
Coke - China Export
12 weeks ago
No Change $480
$/metric tonne
LME Zinc
3 days ago
Moved Up $1921
$/metric tonne
NYMEX Natural Gas Futures
3 days ago
Moved Up 2.66
$/Cubic Feet

Steel Rebar

North Amer Domestic
3 weeks ago
Moved Down $723
$/short ton
Turkey Export
4 days ago
Moved Down $595
$/short ton
China Export
7 weeks ago
No Change $581
$/short ton

Exchange Rates

1 minute ago

1.2783 Moved Up EUR/USD
6.3316 Moved Up USD/CNY
1.0139 Moved Down USD/AUD
54.555 Moved Up USD/INR
1.0183 Moved Down USD/CAD
13.746 Moved Up USD/MXN
79.46 Moved Up USD/JPY
1.5834 Moved Up GBP/USD

Interest Rates

4 hours ago

LIBOR

Moved Down N/A
this week

N/A
52-wk high

N/A
52-wk low

Federal
Funds

No Change 0.16
current

0.16
52-wk high

0.00
52-wk low

10 Year
Treasury

No Change 1.702
current

3.223
52-wk high

1.696
52-wk low

Stock Ticker

Wainscott touts steel’s changing auto role

Steel’s role in the rapidly changing automotive sector has come a long way over the course of the past decade, AK Steel Corp. chairman, president and chief executive officer James L. Wainscott told attendees at the 11th annual Great Designs in Steel (GDIS) seminar in Livonia, Mich., this week.

3 days ago
Via: AMM

UK ferrous scrap export prices drop on weak demand and euro woes

Prices for ferrous scrap exported from the UK fell this week as demand for containerised material dropped off, merchants and traders told Metal Bulletin.

3 days ago
Via: AMM

US scrap prices likely to slide in June: market

U.S. steel mills, dealers and brokers say they are anticipating a softer domestic scrap market in June, with early speculation ranging from "soft sideways" pricing to a drop of between $5 and $20 per gross ton across all grades, market participants told AMM.

3 days ago
Via: AMM

US steel mill shipments up in March

U.S. steel mills shipped 8.5 million net tons in March, up 1.3 percent from 8.4 million tons the previous month and 6.3 percent higher than 8 million tons in March last year, according to American Iron and Steel Institute data.

3 days ago
Via: AMM

NLMK expects a ‘mild’ recovery in 2d qtr.

Russia’s OJSC Novolipetsk Steel (NLMK) forecast a 10-percent rise in global sales for the second quarter after logging a marginal 1.3-percent gain in sales from the fourth quarter.

3 days ago
Via: AMM

Spot 63.5% Fe iron ore prices down $4 for the week

China's imported iron ore market declined further this week as weaker steel prices kept most buyers away from the market.

3 days ago
Via: AMM

SE Asia billet prices expected to fall as scrap weakens

Billet prices in Southeast Asia are expected to fall as early as next week, tracking the fall in scrap raw materials, mill and trading sources in the region said.

3 days ago
Via: AMM

ArcelorMittal sells Skyline Steel, Astralloy to Nucor

ArcelorMittal will sell its steel subsidiary Skyline Steel and Astralloy to US-based Nucor Corp, the company said in a statement on Friday, May 18.

3 days ago
Via: AMM

CHINA STEEL WRAP: Higher steel output weighs on spot prices

Chinese spot steel prices continued to weaken, after the latest data showed crude steel output rising in the early part of the month.

3 days ago
Via: AMM

Chinese steel mills defer shipments of contracted iron ore

Many Chinese steel mills have delayed taking iron ore shipments under contracts from the big three iron ore miners – Vale, BHP Billiton and Rio Tinto – because spot prices have fallen significantly in recent weeks.

3 days ago
Via: AMM