News & Announcements

POSTED May 25, 2022

Market Overview – Mid May 2022

Long lead-times impacting most product groups.

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POSTED March 10, 2022

Market Overview – Mid March 2022

Conflict in Ukraine has triggered global commodity prices to climb including oil, grain, and metals.

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POSTED January 14, 2022

Market Overview – Mid January 2022

Steel prices for most product lines are either at or near all-time highs with hot roll sheet and tube prices in retreat.

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POSTED November 11, 2021

Market Overview – Mid November 2021

Steel prices for all major product lines are either at or near all-time highs. Scrap prices are expected to increase in the coming 30 days.

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POSTED August 17, 2021

Market Overview – Mid August 2021

Steel prices for all major product lines continue to increase with multiple price increases issued over the last several months. At a minimum, mill prices have increased since early Jun ’21 by $375/ton for tube, $320/ton for coil, $240/ton for plate, $160/ton for merchant bars, $110/ton for beam and $80/ton for rebar.

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POSTED June 1, 2021

Market Overview – Early June 2021

Steel prices for all major product lines continue to increase with multiple price increases in Apr and May ‘21. Sheet, tube and plate have logged the largest gains over the last several months with cumulative price increases ranging between $890 and $1,175/ton.

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POSTED April 21, 2021

Market Overview – Late April 2021

The AMM shredded scrap index for Chicago decreased to $430/GT, down $20/GT, from $450/GT achieved in early Mar ’21. The index is up $195/GT since late Aug ’20. Scrap prices have firmed and recently. Some market participants are expecting a modest price increase in the next 30 days

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POSTED March 8, 2021

Market Overview – Early March 2021

Steel prices for all major product lines continue to increase in the past several weeks. Sheet, tube and plate have logged the largest gains over the last several months with cumulative price increases ranging between $630 and $825/ton.

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POSTED December 22, 2020

Market Overview – Late December 2020

Steel prices for all major product lines have increased dramatically in Dec ’20 with nearly all mills announcing two distinct price increase for the month. Sheet, tube and plate have logged the largest gains over the last several months with cumulative price increases ranging between $450 and $525/ton.

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POSTED December 5, 2020

Market Overview – Early December 2020

Steel prices for all major product lines have increased significantly in Nov ’20 and early Dec ’20. Sheet, tube and plate have logged the largest gains over the last several months with cumulative price increases ranging between $350 and $425/ton.

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