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 flat-rolled steel prices move up to start week

Energy | Natural Gas Risk | Oil | Metals

Market Movers Europe, Sep 24-28: Market eyes response to OPEC/non-OPEC meeting; Iran sanctions could hit UK gas field

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 flat-rolled steel prices move up to start week

Pittsburgh — S&P Global Platts' US hot-dipped galvanized assessment moved up Monday asmills continued to pursue higher base and zinc-extra pricing, according tomarket feedback.

Not registered?

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

Register Now

The weekly Platts TSI assessment of 16-gauge HDG sheet with G90 coatingwas calculated at $870/st, up $10.75/st on week.

A US mill reported selling more than 300 st at $899/st Friday, whileanother US mill reported a transaction at $840/st.

While some buyers said they have seen their galvanized base offers moveup since US mills announced a $30/st price increase in November, others saidthey were not seeing much movement in base pricing. On top of the base priceincrease, a number of US mills have raised zinc coating extras, with SteelDynamics Inc. being the latest, announcing last week it would be increasingits coating extras for January.

"The base price announcements seem to be a nonstarter, but I think thezinc price extras will be adopted and that will make galvanized moreexpensive," a service center source said.

He said galvanized lead times are "tepid" at the moment at aroundsix-and-a-half weeks. A US mill reported its lead times were around eightweeks for galv.

Pricing in the galvanized market is "still a bit muddy," another servicecenter source said.

"Buyers are whining that the increased zinc extras and base prices aretoo much," the source said. "However, at least the mills are getting a bitmore optimistic that they are getting prices up as they figure out that thecheaper prices [seen last month] are really are not as rampant as they were."

Hot-rolled and cold-rolled coil prices also moved up Monday to start theweek.

The daily Platts TSI US HRC assessment was calculated at $624.75/stMonday, up $8 from Friday. US mills reported sales in the range of$630-$638/st late last week.

Most mills are pushing for $640/st on HRC, the second service centersource said, but lower pricing may be available if buyers are willing to putin the effort to negotiate, the second service center source said.

The daily Platts TSI US CRC assessment, meanwhile, was calculated at$799/st Monday, up $2.25 from Friday. US mills reported transactions from latelast week in the range of $798-$835/st.

--Justine Coyne,

--Edited by Richard Rubin,