| Top-pricing | ||
|---|---|---|
| Hot Rolled Coil – Midwest | 810 /st 04/30/2024 |
|
| Mini-Mill HRC CONVERSION COST ESTIMATE | - |
549 /st 04/29/2024 |
| Cold Rolled Coil – Midwest | 1100 /st 04/30/2024 |
|
| Hot Dipped Galvanized – Midwest | 1100 /st 04/30/2024 |
|
| CME Hot Rolled Coil Futures | |||
|---|---|---|---|
| Month | Last | Change | Prior |
| MAY.24 | 785 | +6 | 779 |
| JUN.24 | 768 | +2 | 766 |
| JUL.24 | 797 | +3 | 794 |
| AUG.24 | 0 | +0 | 825 |
| SEP.24 | 0 | +0 | 835 |
| OCT.24 | 0 | +0 | 836 |
| NOV.24 | 0 | +0 | 830 |
| DEC.24 | 830 | +0 | 830 |
| JAN.24 | 0 | +0 | 845 |
| FEB.24 | 0 | +0 | 847 |
| MAR.24 | 0 | +0 | 847 |
| APR.24 | 0 | +0 | 852 |
| MAY.24 | 0 | +0 | 852 |
| LME Aluminum Futures
Last Updated: 05/08/2024
|
|||
|---|---|---|---|
| First Future |
2501.04
|
||
| Second Future |
2501.04
|
||
| Third Future |
2537.4
|
||
| Fourth Future |
2552.86
|
||
| Fifth Future |
2566.6
|
||
| Sixth Future |
2578.1
|
||
| Manufacturing | ||
|---|---|---|
| Global PMI | 50.3 05/02/2024 |
|
| US PMI | 49.2 05/01/2024 |
|
| Chinese PMI | 50.4 04/30/2024 |
|
| Chinese Caixian PMI | 51.4 04/30/2024 |
|
| Chicago PMI | 37.9 04/30/2024 |
|
| Japanese PMI | 49.6 05/01/2024 |
|
| EuroZone PMI | 45.7 05/02/2024 |
|
| Philadelphia Fed | 15.5 04/23/2024 |
|
| Empire Manufacturing | -14.3 04/23/2024 |
|
| Durable Goods | - |
0.01 % 04/02/2024 |
| Industrial Production | 0.0039 % 04/16/2024 |
|
| Capacity Utilization | 78.4126 % 04/23/2024 |
|
| Transportation | ||
|---|---|---|
| Gas Prices | $3.64 /gallon 05/07/2024 |
|
| Flat Bed Prices | $1.912 /mile 05/07/2024 |
|
| Baltic Dry Index | 1876 05/06/2024 |
|
| Total Combined Rail Traffic | 476302 carloads 05/01/2024 |
|
| Railroad Carloads (weekly) | 261888 carloads 05/01/2024 |
|
| Railroad Intermodal Units (weekly) | 214414 units 05/01/2024 |
|
| Flatbed Rate per Mile Last Updated: 05/09/2024 | |||
|---|---|---|---|
| Region | Price | ||
| South Central | $2.14 | ||
| North East | $1.76 | ||
| West | $2.01 | ||
| South East | $1.97 | ||
| Midwest | $1.95 | ||
| Automotive | ||
|---|---|---|
| Annualized Sales | 15.74 million 05/01/2024 |
|
| Economy | ||
|---|---|---|
| Nonfarm Payrolls | 175000 jobs 05/03/2024 |
|
| Unemployment Rate | 0.039 % 05/03/2024 |
|
| PPI | 0.014 % 03/14/2024 |
|
| CPI | - |
0.004 % 03/14/2024 |
| Consumer Confidence | 77.2 04/26/2024 |
|
| Small Business Index | 88.5 04/23/2024 |
|
| Interest Rates | ||
|---|---|---|
| Fed Funds | - |
5.33% 04/01/2024 |
| Secured Overnight Financing Rate | - |
5.31% 05/07/2024 |
| 10 Yr Treasury | 4.47% 05/07/2024 |
|
| Steel-rebar | ||
|---|---|---|
| North America Domestic | $800 /st 05/06/2024 |
|
| Turkey Export | $585 /st 04/22/2024 |
|
| China Export | $529 /st 05/01/2024 |
|
| China Rebar Futures | $514.78 /mt 05/07/2024 |
|
| Energy | ||
|---|---|---|
| Natural Gas | $2.221 mbtu 05/07/2024 |
|
| Crude | $78.35 /barrel 05/07/2024 |
|
| Heating Oil | $2.4617 /gallon 05/07/2024 |
|
| Gasoline | $2.5384 /gallons 05/07/2024 |
|
| Crude Oil Inventory | 460890 barrels 05/01/2024 |
|
| Rig Count US | 605 rigs 05/03/2024 |
|
| Rig Count NA | 725 rigs 05/03/2024 |
|
| Natural Gas Inventory | 2484 bcf 05/02/2024 |
|
| Raw-materials | ||
|---|---|---|
| Mini-Mill Scrap | $416 /gt 04/11/2024 |
|
| Iron Ore | $120.2 /mt 05/07/2024 |
|
| Pig Iron Black Sea Export | $392.5 /mt 04/29/2024 |
|
| Pig Iron Brazil Export | $445 /mt 04/22/2024 |
|
| LME Zinc | $2926.43 /mt 05/07/2024 |
|
| Coking Coal | $252.5 /mt 05/07/2024 |
|
| Coke – China Export | $336 /mt 05/01/2024 |
|
| NYMEX Natural Gas Futures | $2.221 mbtu 05/07/2024 |
|
| Copper | $4.59 /lb 05/07/2024 |
|
| HRC Iron Ore Ratio | 6.74 05/07/2024 |
|
| Busheling Iron Ore Ratio | 3.7 05/07/2024 |
|
| HRC Busheling Ratio | 1.82 04/30/2024 |
|
| Steel-data | ||
|---|---|---|
| AISI Production | 1.709 million mt 05/06/2024 |
|
| AISI Capacity | 77 % 05/06/2024 |
|
| US Steel Flat Rolled Import Licenses | 0.99 million st 05/02/2024 |
|
| Construction | ||
|---|---|---|
| CPIC | 209 billion 04/01/2024 |
|
| Median Sales Price of New home | $400500 03/25/2024 |
|
| Case Shiller 20 city index housing prices | 0.0659 % 03/26/2024 |
|
| Dodge Construction Index | 238 04/23/2024 |
|
| ABI Index | 43.6 05/07/2024 |
|
| Building Permits | 1.458 million annualized homes 04/16/2024 |
|
| Housing Starts | 1.321 million annualized homes 04/16/2024 |
|
| New Home Sales | 66200 annualized homes 03/25/2024 |
|
| Existing Home Sales | 4.19 million annualized homes 04/23/2024 |
|
| 30 Year Mortgage Rate | 7.38 % 05/06/2024 |
|
| Homebuilder Confidence | 51 04/23/2024 |
|
| XHB (Homebuilder ETF) | $105.77 05/07/2024 |
|
| Capacity-and-lead | ||
|---|---|---|
| Weekly Domestic Capacity Utilization All Products | 77 % 05/06/2024 |
|
| HRC Midwest Lead Time | 4 weeks 03/14/2024 |
|
| Weekly Raw Steel Production | 1.709 M tons 05/06/2024 |
|
| Exchange Rates Last Updated: May 8, 2024 4:10 pm EDT |
||
|---|---|---|
1.0752 |
EUR/USD | |
7.2236 |
USD/CNY | |
1.5192 |
USD/AUD | |
83.443 |
USD/INR | |
1.3724 |
USD/CAD | |
16.8894 |
USD/MXN | |
155.486 |
USD/JPY | |
0.8002 |
USD/GBP | |
5.0881 |
USD/BRL | |
32.2864 |
USD/TRY | |
91.7379 |
USD/RUB | |
1363.9 |
USD/KRW | |
| Scrap Pricing Last Updated: 05/09/2024 |
||
|---|---|---|
Mini-Mill HRC CONVERSION COST ESTIMATE#1 Busheling = $135 #1 Bundles = $87 Shredded = $67 #1 Heavy Metal = $43 #2 Heavy Metal = $35 Pig Iron = $3 Conversion Cost = $180 Total = $549 Mini-Mill Scrap#1 Busheling = $174 #1 Bundles = $111 Shredded = $83 #1 Heavy Metal = $46 #2 Heavy Metal = $3 Total = $416 |
||
| US Flat Rolled Steel Mills STOCK TICKER | |||||
|---|---|---|---|---|---|
| COMPANY | PRICE | CHANGE | DAY RANGE | 52 WEEK RANGE | LAST UPDATED |
| United States Steel Corporation (X) | 38.35 |
0.22 (0.577%) | 37.73 - 38.45 | 20.31 - 50.15 | May 8, 2024 / 4:10 pm EDT |
| Steel Dynamics, Inc. (STLD) | 130.82 |
-1.89 (-1.4242%) | 130.77 - 132.62 | 89.23 - 151.34 | May 8, 2024 / 4:07 pm EDT |
| Nucor Corporation (NUE) | 169.8 |
-1.99 (-1.1584%) | 169.57 - 171.83 | 128.21 - 203.00 | May 8, 2024 / 4:10 pm EDT |
| ArcelorMittal (MT) | 25.38 |
-0.28 (-1.0912%) | 25.235 - 25.43 | 21.09 - 29.01 | May 8, 2024 / 4:10 pm EDT |
| Cleveland-Cliffs Inc. (CLF) | 17.24 |
-0.07 (-0.4044%) | 17.06 - 17.24 | 13.61 - 22.97 | May 8, 2024 / 4:10 pm EDT |
| Other Producers STOCK TICKER | |||||
|---|---|---|---|---|---|
| COMPANY | PRICE | CHANGE | DAY RANGE | 52 WEEK RANGE | LAST UPDATED |
| Ternium S.A. (TX) | 40.23 |
-0.21 (-0.5193%) | 39.88 - 40.46 | 32.39 - 42.15 | May 8, 2024 / 4:10 pm EDT |
| POSCO (PKX) | 73.35 |
-1.12 (-1.504%) | 73.27 - 73.88 | 65.89 - 130.89 | May 8, 2024 / 4:10 pm EDT |
| Gerdau S.A. (GGB) | 3.78 |
-0.01 (-0.2639%) | 3.72 - 3.79 | 3.40 - 4.89 | May 8, 2024 / 4:10 pm EDT |
| Commercial Metals Company (CMC) | 56.22 |
-0.05 (-0.0889%) | 55.76 - 56.415 | 39.44 - 59.63 | May 8, 2024 / 4:10 pm EDT |
| Companhia Siderúrgica Nacional (SID) | 2.75 |
-0.02 (-0.722%) | 2.705 - 2.75 | 2.01 - 4.03 | May 8, 2024 / 4:10 pm EDT |
| Service Centers STOCK TICKER | |||||
|---|---|---|---|---|---|
| COMPANY | PRICE | CHANGE | DAY RANGE | 52 WEEK RANGE | LAST UPDATED |
| Worthington Industries, Inc. (WOR) | 58.7 |
0 (0%) | 57.925 - 58.86 | 33.38 - 69.96 | May 8, 2024 / 4:10 pm EDT |
| Reliance Steel & Aluminum Co. (RS) | 292.81 |
-2.55 (-0.8634%) | 292.6 - 297.6 | 226.69 - 342.20 | May 8, 2024 / 4:10 pm EDT |
| Ryerson Holding Corporation (RYI) | 22.49 |
-0.01 (-0.0444%) | 22.07 - 22.6775 | 0.00 - 0.00 | May 8, 2024 / 4:10 pm EDT |
| Olympic Steel, Inc. (ZEUS) | 52.86 |
-0.27 (-0.5082%) | 52.62 - 54.07 | 40.57 - 73.33 | May 8, 2024 / 4:00 pm EDT |
| Raw Materials STOCK TICKER | |||||
|---|---|---|---|---|---|
| COMPANY | PRICE | CHANGE | DAY RANGE | 52 WEEK RANGE | LAST UPDATED |
| BHP Group (BHP) | 56.5 |
-0.97 (-1.6878%) | 56.345 - 56.76 | 51.62 - 67.41 | May 8, 2024 / 4:10 pm EDT |
| Vale S.A. (VALE) | 12.55 |
-0.14 (-1.1032%) | 12.46 - 12.62 | 11.26 - 15.39 | May 8, 2024 / 4:13 pm EDT |
| Rio Tinto plc (RIO) | 69.02 |
-1.02 (-1.4563%) | 68.705 - 69.21 | 54.85 - 72.10 | May 8, 2024 / 4:10 pm EDT |
| Freight STOCK TICKER | |||||
|---|---|---|---|---|---|
| COMPANY | PRICE | CHANGE | DAY RANGE | 52 WEEK RANGE | LAST UPDATED |
| C.H. Robinson Worldwide, Inc. (CHRW) | 80.97 |
1.44 (1.8106%) | 79.05 - 81.04 | 65.00 - 99.35 | May 8, 2024 / 4:11 pm EDT |
| J.B. Hunt Transport Services, Inc. (JBHT) | 167.75 |
-0.36 (-0.2141%) | 167.295 - 169.36 | 160.07 - 219.51 | May 8, 2024 / 4:00 pm EDT |
| Werner Enterprises, Inc. (WERN) | 36.86 |
0.33 (0.9034%) | 36.19 - 37.04 | 33.12 - 46.77 | May 8, 2024 / 4:00 pm EDT |
| Landstar System, Inc. (LSTR) | 179.7 |
-1.96 (-1.0789%) | 179.42 - 181.97 | 158.59 - 205.00 | May 8, 2024 / 4:00 pm EDT |
| Union Pacific Corporation (UNP) | 245.9 |
3.52 (1.4523%) | 241.19 - 246.4 | 186.32 - 257.33 | May 8, 2024 / 4:10 pm EDT |
| Norfolk Southern Corporation (NSC) | 232.14 |
-0.18 (-0.0775%) | 230.26 - 233.42 | 179.69 - 262.12 | May 8, 2024 / 4:10 pm EDT |
| CSX Corporation (CSX) | 34.2 |
0.24 (0.7067%) | 33.84 - 34.25 | 28.84 - 39.99 | May 8, 2024 / 4:00 pm EDT |
| SPDR S&P Transportation ETF (XTN) | 78.74 |
-0.0238 (-0.0302%) | 78.22 - 78.89 | 66.47 - 87.56 | May 8, 2024 / 4:10 pm EDT |