Pricing
How much is a ton of steel fetching these days?
Latest News
Nucor to Report Weekly HRC Spot Price
04 April 2024 - Nucor Corp. will begin issuing a weekly spot price for its hot-rolled coil, the company said on Thursday.
Tata Steel Creates Carbon Surcharge
12 April 2021 - Tata Steel Europe will being adding a per-ton carbon surcharge to it steel contracts, a move that passes on the cost of carbon emissions allowances to buyers, reports commodities news and pricing service S&P Global Platts.
Nucor, SDI Annouce First-Quarter Earnings Guidance
21 March 2019 - Nucor Corp. and Steel Dynamics Inc. said they each expect that lower earnings in their sheet mill operations will impact first-quarter profits.
Chinese Steel Exports Increase in April
08 May 2018 - China’s steel exports rose 14.7% in April to reach their highest level in eight months, according to the Reuters news service.
Competition Worries Prompt EU to Take Closer Look at ArcelorMittal-ILVA Deal
08 November 2017 - Competition regulators at the European Commission are taking a closer look at ArcelorMittal’s plan to acquire Italy’s ILVA, fearing that the deal may lead to higher prices for hot-rolled, cold-rolled and galvanized flat products, especially in southern Europe.
Mills Grapple With Graphite Electrode Shortage
22 August 2017 - Tight supplies of a key material and rising electric arc furnace steel production are crimping availability of graphite electrodes, sending prices through the roof, according to news and pricing service S&P Global Platts.
Steelmakers Coming Around to Hedging, LME Executive Says
21 August 2017 - Despite some early skepticism, steel mills might be starting to warm to the idea of steel futures and have been testing out London Metal Exchange contracts, according to Reuters news service.
Policy Fuels China's Rising Iron Ore, Steel Prices
08 August 2017 - Iron ore and steel prices are rising in China as government policies have helped to tighten supply and increase demand, reports the Bloomberg news service.
Independence Tube Acquisition Might Spark Needed Consolidation of Structural Tube Producers, Says Zekelman Industries CEO
05 October 2016 - Nucor Corp.’s acquisition of Independence Tube will benefit the structural tube sector and will likely lead to additional acquisitions within the segment, Zekelman Industries executive chairman and chief executive Barry Zekelman said on Wednesday.
India Extends Import Protections on Certain Steels for Another 60 Days
08 August 2016 - The Indian government has extended its import price floor for certain steel products by an additional two months, reports The (India) Economic Times.
Global Steel Markets Bottoming Out, Says Mill Executive
16 November 2015 - An executive at Japan’s largest scrap-based steelmaker said the global market is hitting a pricing bottom, arguing that loss-making mills are going to be confronting their commercial limits, according to BloombergBusiness.
Four Appointed to LME's Steel Committee
22 September 2015 - The London Metal Exchange (LME) has added four members to its steel committee as it prepares to launch new contracts for steel scrap rebar in November, the exchange has announced.
Steelmakers, Toyota Agree To Lower Sheet Prices
20 August 2015 - Major steelmakers that supply Toyota Motor Corp. have agreed to cut sheet steel prices on account of lower coal and iron prices.
Devalued Yuan Leads China Steel Producers To Cut Prices
14 August 2015 - With China having devalued its currency earlier this week, steelmakers there are already moving to reduce export prices, according to a Reuters report.
SteelBenchmarker: HRB Prices Weaken Further
26 March 2015 - In its 216th report, the SteelBenchmarker released 9 steel products and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 23 March 2015:
SteelBenchmarker: HRB Price Collapse Continues
17 March 2015 - In its 215th report, the SteelBenchmarker™ released 9 steel products and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 9 March 2015:
SteelBenchmarker: HRB Prices Heading for the Bottom
27 February 2015 - In its 214th report, the SteelBenchmarker released nine steel products and three USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 23 February 2015:
SteelBenchmarker: HRB Prices in Downward Spiral
25 February 2015 - In its 213th report, the SteelBenchmarker released nine steel products and three USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 9 February 2015:
SteelBenchmarker: HRB Prices Free Falling
30 January 2015 - In its 212th report, the SteelBenchmarker released 10 steel products and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 26 January 2015:
SteelBenchmarker: HRB Prices Have No Support
14 January 2015 - In its 211th report, the SteelBenchmarker™ released 9 steel products and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 12 January 2015:
