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Steel Prices Move Sideways After Mill Reports Released

Though raw steel prices as a whole moved sideways month to month, there is increased focus on steel prices, volatility, and other market factors.

United statesWhite houseDistrict of columbiaLourenco goncalvesUs department of justiceRaw steels monthly metals indexCliffs publish weeklyHot rolled marketWorld steel dynamicsSteel dynamicsPresident bidenGoncalves fires shotsNippon steelMetalminer insightsRaw materialSteel prices

Steel Producers Make Major Move to Improve Market Transparency

Steel producers Nucor and Cliffs introduce weekly and monthly HRC pricing, aiming for market transparency and potential influence on indexes.

United statesWhite houseDistrict of columbiaNichole bastinLourenco goncalvesUs department of justiceVia metalRaw steels monthly metals indexCliffs publish weeklyHot rolled marketWorld steel dynamicsSteel dynamicsMetalminer insightsPresident bidenGoncalves fires shotsNippon steel

Raw Steels MMI: Steel Prices Flatten, Is an Uptrend Next?

As raw steel prices remained mostly flat from March into April, analysts continue to wonder if an uptrend might be the next logical step.

United statesSteel instituteFederal reserveRaw steels monthly metals indexMetalminer insightsAmerican ironCorrelation analysisDrift lower threatening marketCorrelation analysis toolRaw materialSteel pricesMonthly metals outlook

Market Sentiment Shifts as Buyers Resist Steelmaker Price Increases

The steel market shows signs of flattening with HRC prices moving sideways after a period of decline, creating uncertainty about the direction of future price trends.

United statesNichole bastinSteel instituteFederal reserveVia metalRaw steels monthly metals indexMetalminer insightsAmerican ironCorrelation analysisDrift lower threatening market

Raw Steels MMI: Mills Lob Hikes at Bearish Steel Prices

Steel prices remain on a bearish trajectory, yet mills continue to raise prices on products. This could set the stage for a compelling 2024.

United statesSteel instituteRaw steels monthly metals indexArcelormittal raise flat rolledMarket shiftsCorrelation analysisAmerican ironRaw materialSteel pricesMonthly metals outlook

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