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

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March 2019 | North American Steels

US flat steel prices declined again in February: Latest Analysis

US long product prices are enjoying modest gains, with further recovery likely on higher scrap prices and promising construction sector demand.

This month’s key North American steel forecast highlights:

US flat steel prices declined again in February, despite domestic mill efforts to boost prices with two consecutive $40/ton price hikes, one in late January and the second in mid-February. Although prices still receded on an average monthly basis, the February price hike helped HRC prices find support at around...


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