Register with us today

and in less than 60 seconds continue your access to: Latest news headlines Analytical topics and features Commodities videos, podcast & blogs Sample market prices & data Special reports Subscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

IF you are a Platts Market Center subscriber, to reset your password go to the�Platts Market Center to reset your password.

In this list

US steel sheet buyers wait on tariff clarity amid sparse openings


How the US-China trade war is impacting Asian flat steel markets

Metals | Non-Ferrous | Steel

Platts Market Data - Metals

Commodities | Metals | Non-Ferrous | Shipping | Autos & Capital Goods | Materials | Building & Construction | Transportation | Aerospace & Defense | Financial Services

Aluminum Symposium


American Zinc Recycling expects to restart North Carolina plant next spring

US steel sheet buyers wait on tariff clarity amid sparse openings

Scottsdale, Arizona — Spot availability remained limited in the US steel sheet market on Wednesday as mills and service centers await clarity surrounding President Trump's tariff decision.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The daily Platts TSI HRC assessment remained unchanged at $810.50/st, while CRC prices slipped to $945/st from $952.50/st.

Any new spot offers from most mills sound to be on hold until President Trump's tariff decision. One mill opened its April HRC order book this week at $850/st with multiple buyers heard to be paying the higher numbers for the shortened lead times compared to the rest of the market.

"From my conversations, they might be the only [mill] with April availability," one buy-side source said. Anyone else with April availability is a "long shot," according to a service center source.

A second service center source purchased an unspecified amount of HRC from the mill for April at around the $850/st level. He added that he is no longer seeing any CRC or hot-dipped galvanized offers below $1,000/st.

It is an issue "getting any quotes from the mills," one fabricator added.

Average lead times have continued to extend at US mills, according to an S&P Global Platts analysis.

Current HRC lead times are at an average of 7.4 weeks, up from 6.9 weeks on February 28. CRC and HDG lead times were at 8.6 weeks and 8.4 weeks, respectively. This compares with an average CRC lead time of 8.2 weeks and average HDG lead time of 7.8 weeks previously.

Two different Canadian mills are withholding any new offers into the US market, according to buyers with a third still willing to quote hot-dipped galvanized material. The limited offers come as questions around Canada's inclusion in President Trump's 25% steel tariff linger.

The combined Platts TSI price index uses a volume-weighted average calculation - according to TSI's standard - to determine value on an ex-works Indiana basis.

--Michael Fitzgerald,
--Edited by Lisa Miller,