The
US Department of Commerce has announced the third quarter 2012 reference prices for hot-rolled steel flat products pursuant to the suspension agreement with
Russia.
The reference prices for the third quarter of 2012 (July 1-September 30, 2012) are as follows (with the reference prices from the second quarter of 2012 in parentheses for comparison):
Group one: Commercial and structural quality steel - A36; A1011-CS; A1011-SS-Grades 30, 33, 36, 40; A1018-SS-Grades 30, 33, 36, 40; and API 5L Grades A and B
Reference price: $419.29 per metric ton ($408.43 per metric ton)
Group two: HSLA & HSLA-F quality steel grades - A752; A1011-HSLAS; A1018-HSLAS; A1011-HSLAS-F; A1018-HSLAS-F; API 5L Grades X42, X46, X52, X56, X60; and API 5CT Grades J55 and K55
Reference price: $460.34 per metric ton ($448.42 per metric ton)
Group three: High grade coils and sheets for pipes and casings - API 5L Grades X65, X70, X80
Reference price: $535.23 per metric ton ($521.37 per metric ton)