Hot Rolled Coil – Midwest

Moved Down

$555 $/short ton

2 days ago

Mini-Mill HRC CONVERSION COST ESTIMATE

Moved Down

$521 $/short ton

2 days ago

Cold Rolled Coil - Midwest

Moved Down

$670 $/short ton

2 days ago

Hot Dipped Galvanized - Midwest

Moved Down

$660 $/short ton

2 days ago

HRC International Comparative Analysis

USA to China
1.01 Moved Down $6/short ton
1 day ago

USA to Northern Europe
1.01 Moved Down $6/short ton
1 day ago

USA to India
.84 Moved Up ($109)/short ton
1 day ago

USA to CIS
1.12 Moved Down $60/short ton
1 day ago

Steel Rebar

North America Domestic
1 day ago
Moved Down $655
$/short ton
Turkey Export
1 day ago
Moved Up $539
$/short ton
China Export
1 day ago
No Change $483
$/short ton

Nymex Hot Rolled
Coil Futures

2 days ago

  Last Change Prior
2013
05 578.00 0.00 578.00
06 585.00 0.00 585.00
07 590.00 0.00 590.00
08 595.00 0.00 595.00
09 596.00 0.00 596.00
10 602.00 0.00 602.00
11 604.00 0.00 604.00
12 612.00 -4.00 616.00
2014
01 621.00 0.00 621.00
02 621.00 0.00 621.00
03 621.00 0.00 621.00
04 622.00 0.00 622.00

Raw Materials Information

Mini-Mill Scrap
2 days ago
No Change $369
$/gross ton
Pig Iron Brazil Export
2 days ago
Moved Down $385
$/metric tonne
Pig Iron Black Sea Export
2 days ago
No Change $382
$/metric tonne
Iron Ore
2 days ago
Moved Down $126
$/metric tonne
Coking Coal
2 days ago
Moved Down $154
$/metric tonne
Coke - China Export
2 days ago
Moved Down $270
$/metric tonne
LME Zinc
2 days ago
Moved Up $1813
$/metric tonne
NYMEX Natural Gas Futures
2 days ago
Moved Down $3.97
$/Cubic Feet

LME Steel Billet

3 Months
2 days ago
Moved Down $140
$/tonne
15 Months
2 days ago
No Change $170
$/tonne

International Swap Report


Date
China HRC MID

USD/mt

North Europe
HRC MID

Euro/mt

South Europe
HRC MID

Euro/mt

Turkish Scrap
MID

USD/mt

Iron Ore
MID

USD/mt

May 13 593.00 Moved Down 458.00 No Change 453.00 No Change 369.00 Moved Down 127.00 No Change
June 13 577.00 No Change 458.00 No Change 453.00 No Change 365.00 Moved Down 120.25 Moved Down
Q3 13 582.00 Moved Up 463.00 No Change 448.00 No Change 373.00 No Change 113.50 Moved Up
Q4 13 591.00 Moved Up 458.00 No Change 453.00 No Change 373.00 No Change 111.50 No Change
Q1 14 600.00 Moved Up 475.00 No Change 470.00 No Change 390.00 No Change 112.75 Moved Up
Cal 14 611.00 Moved Up 485.00 No Change 482.00 No Change 389.00 No Change 108.00 No Change
Cal 15 613.00 Moved Up 495.00 No Change 488.00 No Change 395.00 No Change 103.00 Moved Up

Data provided by FIS

Weekly Domestic Capacity Utilization All Products

Moved Down

78.5 % this week

78.6 % last week

79.2 % last year

5 days ago

Weekly Raw Steel Production

Moved Down

1.881M tons

1.884M tons

1.970M tons

5 days ago

HRC Midwest Lead Time

No Change

2.8 Weeks

2 days ago

Exchange Rates

1 minute ago

1.2833 No Change EUR/USD
6.146 Moved Up USD/CNY
1.0277 Moved Down USD/AUD
54.8855 Moved Up USD/INR
1.0283 Moved Down USD/CAD
12.3464 Moved Up USD/MXN
103.165 Moved Up USD/JPY
1.5169 Moved Up GBP/USD

Stock Ticker

Interest Rates

2 hours ago

LIBOR

Moved Down N/A
this week

N/A
52-wk high

N/A
52-wk low

Federal
Funds

No Change 0.11
current

0.17
52-wk high

0.00
52-wk low

10 Year
Treasury

Moved Up 1.949
current

2.086
52-wk high

1.394
52-wk low

West Coast structural tubing price hike erodes

The last vestiges of a West Coast hike of $30 per ton on structural steel tubing appear to be fading away as prices return to previous levels.

2 days ago
Via: AMM

Steel mill shipments rise in March

U.S. steel mills shipped more than 7.92 million net tons in March, 6.5 percent higher than the 7.44 million tons shipped the previous month but down 6.9 percent from 8.51 million tons in March 2012, American Iron and Steel Institute data show.

2 days ago
Via: AMM

US bulk export tags to Turkey near 3-year low

U.S. bulk scrap export prices to Turkey dropped to a nearly three-year low Thursday as mill buyers continued to drive prices downward.

2 days ago
Via: AMM

Mexican construction activity shrinks in 1st qtr.

Mexico’s construction sector contracted 2.3 percent year on year in the first quarter due to a squeeze on cash flows and delays to public works spending as a new government took power.

2 days ago
Via: AMM

Pipe distributors hope for flat-rolled cutback

Pipe and tube distributors say they would welcome a move by flat-rolled steelmakers to take capacity offline in order to prop up pricing for the substrate.

2 days ago
Via: AMM

Outlook for US is weak, but still better than elsewhere

While the United States remains one of the strongest economies globally, lackluster growth and a large fiscal deficit may cause serious downward pressure in the near term, according to one economist.

2 days ago
Via: AMM

Senate passes water infrastructure bill

A waterways infrastructure bill easily passed the Senate May 15, a development that steel interests say will benefit shipping by improving navigation.

2 days ago
Via: AMM

Future bright despite challenges: steel execs

Enforcing U.S. trade policy and capitalizing on low-priced natural gas will help U.S. steelmakers while offering broad economic benefits, including job creation and manufacturing growth, a number of steel executives said at an industry conference May 16.

2 days ago
Via: AMM