Research

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

Change font size:   

July 2019 | North American Steels


The downward pricing spiral in US flat product pricing persisted in June: Latest Analysis


Sheet prices showed stability following the initial price hike, with Nucor quickly announcing a second $40/ton sheet price hike on July 9.

This month’s key North American steel forecast highlights:

The downward pricing spiral in US flat product pricing persisted in June, as expected, with sheet and plate prices plunging $60-85/ton, depending on the product. With domestic HR prices slipping to $510/ton over the course of the month, US steelmakers moved to halt the price deterioration, with Nucor announcing a $40/ton sheet price hike in late June. Sheet prices showed stability following the initial price hike, with...

ACCESS RESTRICTED

You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.


SUBSCRIBE


Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as it’s published.

Subscribe


Already subscribed?