Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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January 2019 | North American Steels


US coil prices continued to decline in December: Latest Analysis


The majority of domestic and import prices for US steel long products remained stable in December.

This month’s key North American steel forecast highlights:

As we anticipated, US coil prices continued to decline in December, under pressure from ample domestic supply and seasonally slowing demand as mills offered discounts trying to fill their order books amid short lead times. Newly restarted production facilities are likely to maintain their utilization rates, keeping pressure on the price level this year. Plate prices remained more resilient to the downtrend in the coil market thanks to...

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