Flat-rolled steelmakers have more than 13 million short tons of new production capacity planned or under construction in the United States, but analysts do not foresee a glut depressing the market significantly in 2022

Fastmarkets invited feedback from the industry in an open-consultation process on the pricing methodology for the following assessments: steel cold-rolled coil, fob mill US; steel hot-dipped galvanized coil (cold-rolled base), fob mill US; and steel cut-to-length plate carbon grade, fob mill US.

After a 30-day consultation period, Fastmarkets has amended the publication day of the weekly US steel cut-to-length plate price assessment from Fridays to Tuesdays.

Hot-rolled coil prices in the United States remained above $74 per hundredweight in the second week of April, with steady demand for spot material and restricted supply bolstering the hot-band price

Fastmarkets is inviting feedback from the industry on its pricing methodologies for its Northern Europe and United States hot-rolled coil indices as part of its annual methodology review process.

Fastmarkets is inviting feedback from the industry on the pricing methodologies for the following assessments: steel cold-rolled coil, fob mill US; steel hot-dipped galvanized coil (cold-rolled base), fob mill US; and steel cut-to-length plate carbon grade, fob mill US.

Fastmarkets proposes to discontinue its biweekly imported steel plate price assessment due to market illiquidity.

Another rally in hot band prices is under way in the United States, not long after the coronavirus pandemic and Section 232 tariffs pushed the hot-rolled coil index to break new records in 2020 and 2021

Fastmarkets proposes to amend the publication day of the weekly US steel cut-to-length plate price assessment from Fridays to Tuesdays.

Export prices for Chinese heavy plate increased in the week to Tuesday March 8 amid active trading, which was partly fueled by fears over tightening supply amid the ongoing Russia-Ukraine war