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Mills continue to prioritize balance over volume, keeping utilization rates around 80% to avoid price erosion. Check out the chart below, which tracks steel market prices across the U.S., China, and Europe from 2024-2025. The data comes from Bloomberg. The Cup o Joe crew covered the latest in steel market prices and what it means for metal buyers:
Steel Market Update offices will be closed Wednesday, Dec. 24, through Friday, Jan. 2, for the Christmas and New Year holidays. Read more The number of oil and gas rigs operating in the US ticked higher this week, while Canadian activity tumbled, according to the latest data released from Baker Hughes. Read more
After a prolonged downtrend, prices are finding a floor as tariff actions alter international steel trade routes. Hot-rolled coil (HRC) prices continue to inch higher at $862 per ton as of November 19. Mills continue to prioritize balance over volume, keeping utilization rates around 80% to avoid price erosion.
Steel market prices continue to demonstrate resilience amid softer demand and evolving trade policy. After a prolonged downtrend, prices are finding a floor as tariff actions alter international steel trade routes. Hot-rolled coil (HRC) prices continue to inch higher at $862 per ton as of November 19.
Proudly serving America''s armed forces since 1895. Our focus is to deliver quality goods and services at competitively low prices at our 4,330 locations worldwide and available 24-hours a day online.
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Mills continue to prioritize balance over volume, keeping utilization rates around 80% to avoid price erosion. Check out the chart below, which tracks steel market prices across the U.S., China, and
SMU tracks North American steel mill price announcements on flat rolled and plate steel products. The table below shows a limited history of this data and is available to our Executive and
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Many steel mills and distributors base their pricing on CME futures to set long-term contract prices with customers. Example: A steel distributor may quote “CME HRC price + $50 per ton” for a customer''s
We are suppliers to Mills and foundries across North America who purchase both our steel and non-ferrous items. We provide fair pricing, timely service and direct access to steel mills globally, which
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