On Thursday of last week, Nucor announced they would be raising US plate prices by a minimum of $5.00-$7.50 cwt. ($110-$165/mt or $100-$150/nt), adding that their new minimum base price for US domestic plate was set at $66 cwt. ($1,455/mt or $1,320/nt), FOB mill. Evraz North America also announced plans to raise prices by $5.00 cwt. ($110/mt or $150/nt), FOB mill.
Prior to the announcement, the "average" price range was "all over the map," sources note, adding that while most customers were paying $65-$66 cwt. ($1,433-$1,455/mt or $1,300-$1,320/nt), FOB mill, deals below that range had been available to volume customers.
This week, sources close to SteelOrbis have confirmed that most spot market transactions are taking place in the range of $66.00-$69.50 cwt. ($1,455-$1,532/mt or $1,320-$1,390/nt), FOB mill.
US plate prices rise after last week's price increase announcement
Marketplace Offers
Hot Rolled Plate
Thickness
8 mm
Width
1,500 mm
Length
6,000 mm
S 235
Tedarikçi
SEÇKİN METAL NAK. SAN VE TİC A.Ş.
Hot Rolled Slitted Sheet
Thickness
0.25 - 3 mm
Width
20 mm
Length
0 mm
Tedarikçi
YILDIZ DEMIR CELIK
Hot Rolled Plate
Thickness
8 mm
Width
1,500 mm
Length
6,000 mm
S 355 J2 + N
Tedarikçi
SEÇKİN METAL NAK. SAN VE TİC A.Ş.