| Top-pricing | ||
|---|---|---|
| Hot Rolled Coil – Midwest | 700 /st 09/09/2024 |
|
| Mini-Mill HRC CONVERSION COST ESTIMATE | 566 /st 02/18/2025 |
|
| Cold Rolled Coil – Midwest | 900 /st 07/19/2024 |
|
| Hot Dipped Galvanized – Midwest | 885 /st 09/09/2024 |
|
| CME Hot Rolled Coil Futures | |||
|---|---|---|---|
| Month | Last | Change | Prior |
| DEC 2024 | 678 | +3 | 675 |
| JAN 2025 | 712 | +0 | 712 |
| FEB 2025 | 752 | +2 | 750 |
| MAR 2025 | 775 | +0 | 775 |
| APR 2025 | 780 | +0 | 780 |
| MAY 2025 | 0 | +0 | 790 |
| JUN 2025 | 798 | +8 | 790 |
| JUL 2025 | 0 | +0 | 790 |
| AUG 2025 | 0 | +0 | 790 |
| SEP 2025 | 0 | +0 | 790 |
| OCT 2025 | 0 | +0 | 790 |
| NOV 2025 | 795 | +5 | 790 |
| DEC 2025 | 795 | +5 | 790 |
| LME Aluminum Futures
Last Updated: 02/18/2025
|
|||
|---|---|---|---|
| First Future |
2678.51
|
||
| Second Future |
2678.51
|
||
| Third Future |
2668.95
|
||
| Fourth Future |
2672.16
|
||
| Fifth Future |
2674.5
|
||
| Sixth Future |
2677.75
|
||
| Manufacturing | ||
|---|---|---|
| Global PMI | 50.1 02/04/2025 |
|
| US PMI | 50.9 02/04/2025 |
|
| Chinese PMI | 49.1 01/27/2025 |
|
| Chinese Caixian PMI | 50.1 02/04/2025 |
|
| Chicago PMI | 39.5 01/31/2025 |
|
| Japanese PMI | 48.7 02/04/2025 |
|
| EuroZone PMI | 46.6 02/04/2025 |
|
| Philadelphia Fed | 44.3 01/16/2025 |
|
| Empire Manufacturing | 5.7 02/18/2025 |
|
| Durable Goods | -0.02 % 01/28/2025 |
|
| Industrial Production | 0.0051 % 02/14/2025 |
|
| Capacity Utilization | 77.766 % 02/14/2025 |
|
| Automotive | ||
|---|---|---|
| Annualized Sales | 15.6 million 02/04/2025 |
|
| Economy | ||
|---|---|---|
| Nonfarm Payrolls | 143000 jobs 02/10/2025 |
|
| Unemployment Rate | 0.04 % 02/10/2025 |
|
| PPI | 0.004 % 02/13/2025 |
|
| CPI | 0.005 % 02/12/2025 |
|
| Consumer Confidence | 67.8 02/10/2025 |
|
| Small Business Index | 102.8 02/11/2025 |
|
| Interest Rates | ||
|---|---|---|
| Fed Funds | 4.33% 01/01/2025 |
|
| Secured Overnight Financing Rate | 4.33% 02/20/2025 |
|
| 10 Yr Treasury | 4.53% 02/19/2025 |
|
| Steel-rebar | ||
|---|---|---|
| North America Domestic | $790 /st 02/18/2025 |
|
| Turkey Export | $565 /st 02/14/2025 |
|
| China Export | $467 /st 02/18/2025 |
|
| China Rebar Futures | $465.31 /mt 01/27/2025 |
|
| Energy | ||
|---|---|---|
| Natural Gas | $4.007 mbtu 02/18/2025 |
|
| Crude | $71.85 /barrel 02/18/2025 |
|
| Heating Oil | $2.4406 /gallon 02/18/2025 |
|
| Gasoline | $2.0867 /gallons 02/18/2025 |
|
| Crude Oil Inventory | 427860 barrels 02/12/2025 |
|
| Rig Count US | 588 rigs 02/14/2025 |
|
| Rig Count NA | 833 rigs 02/14/2025 |
|
| Natural Gas Inventory | 2297 bcf 02/13/2025 |
|
| Raw-materials | ||
|---|---|---|
| Mini-Mill Scrap | $446 /gt 02/10/2025 |
|
| Iron Ore | $106.35 /mt 02/18/2025 |
|
| Pig Iron Black Sea Export | $326.5 /mt 02/18/2025 |
|
| Pig Iron Brazil Export | $412.5 /mt 02/10/2025 |
|
| LME Zinc | $2843.42 /mt 02/18/2025 |
|
| Coking Coal | $180 /mt 02/18/2025 |
|
| Coke – China Export | $244 /mt 02/18/2025 |
|
| NYMEX Natural Gas Futures | $4.007 mbtu 02/18/2025 |
|
| Copper | $4.6425 /lb 02/18/2025 |
|
| HRC Iron Ore Ratio | 6.58 02/18/2025 |
|
| Busheling Iron Ore Ratio | 4.51 02/18/2025 |
|
| HRC Busheling Ratio | 1.46 02/10/2025 |
|
| Steel-data | ||
|---|---|---|
| AISI Production | 1.67 million mt 02/18/2025 |
|
| AISI Capacity | 75 % 02/18/2025 |
|
| US Steel Flat Rolled Import Licenses | 0.897 million st 02/12/2025 |
|
| Construction | ||
|---|---|---|
| CPIC | 163 billion 02/04/2025 |
|
| Median Sales Price of New home | $427000 01/27/2025 |
|
| Case Shiller 20 city index housing prices | 0.0433 % 01/28/2025 |
|
| Dodge Construction Index | 254 01/24/2025 |
|
| ABI Index | 44.1 02/04/2025 |
|
| Building Permits | 1.482 million annualized homes 01/27/2025 |
|
| Housing Starts | 1.499 million annualized homes 01/17/2025 |
|
| New Home Sales | 69800 annualized homes 01/27/2025 |
|
| Existing Home Sales | 4.24 million annualized homes 01/24/2025 |
|
| 30 Year Mortgage Rate | 5.84 % 02/18/2025 |
|
| Homebuilder Confidence | 42 02/18/2025 |
|
| XHB (Homebuilder ETF) | $105.48 02/18/2025 |
|
| Capacity-and-lead | ||
|---|---|---|
| Weekly Domestic Capacity Utilization All Products | 75 % 02/18/2025 |
|
| HRC Midwest Lead Time | 4.4 weeks 08/13/2024 |
|
| Weekly Raw Steel Production | 1.67 M tons 02/18/2025 |
|
| Transportation | ||
|---|---|---|
| Gas Prices | $3.161 /gallon 02/18/2025 |
|
| Flat Bed Prices | $2.3741 /mile 02/18/2025 |
|
| Baltic Dry Index | 806 02/18/2025 |
|
| Total Combined Rail Traffic | 502449 carloads 02/12/2025 |
|
| Railroad Carloads (weekly) | 284056 carloads 02/12/2025 |
|
| Railroad Intermodal Units (weekly) | 218393 units 02/12/2025 |
|
| Exchange Rates
2025-02-22 07:00:00 UTC
|
|||
|---|---|---|---|
| CURRENCY | PRICE | ||
| EUR/USD | 1.0464 | ||
| USD/CNY | 7.25 | ||
| USD/AUD | 1.5728 | ||
| USD/INR | 86.573 | ||
| USD/CAD | 1.4231 | ||
| USD/MXN | 20.4141 | ||
| USD/JPY | 149.04 | ||
| USD/GBP | 0.7914 | ||
| Scrap Pricing Last Updated: 02/21/2025 |
||
|---|---|---|
Mini-Mill HRC CONVERSION COST ESTIMATE#1 Busheling = $145 #1 Bundles = $93 Shredded = $69 #1 Heavy Metal = $36 #2 Heavy Metal = $39 Pig Iron = $3 Conversion Cost = $180 Total = $566 Mini-Mill Scrap#1 Busheling = $187 #1 Bundles = $118 Shredded = $86 #1 Heavy Metal = $51 #2 Heavy Metal = $4 Total = $446 |
||
US Flat Rolled Steel Mills
| Company | Price | Change | Day Range | 52 Week Range | Last Updated |
|---|---|---|---|---|---|
| United States Steel Corporation (X) | 36.98 USD | -0.95 | 38.25 - 36.81 | 48.125 - 26.915 | February 21, 2025 / 3:15 pm EST |
| Steel Dynamics, Inc. (STLD) | 130.54 USD | -4.53 | 135.86 - 130.12 | 155.56 - 104.6 | February 21, 2025 / 3:15 pm EST |
| Nucor Corporation (NUE) | 135.205 USD | -4.745 | 141.39 - 134.92 | 203 - 112.25 | February 21, 2025 / 3:15 pm EST |
| ArcelorMittal (MT) | 27.85 USD | -0.15 | 28.4 - 27.825 | 28.26 - 18.435 | February 21, 2025 / 3:15 pm EST |
| Cleveland-Cliffs Inc. (CLF) | 11.3328 USD | -0.6472 | 12.115 - 11.33 | 22.97 - 8.99 | February 21, 2025 / 3:15 pm EST |
Other Producers
| Company | Price | Change | Day Range | 52 Week Range | Last Updated |
|---|---|---|---|---|---|
| Ternium S.A. (TX) | 29.46 USD | -0.33 | 29.94 - 29.35 | 44.44 - 28.01 | February 21, 2025 / 3:15 pm EST |
| POSCO (PKX) | 47.17 USD | 0.67 | 48.805 - 46.86 | 471000 - 227500 | February 21, 2025 / 3:15 pm EST |
| Gerdau S.A. (GGB) | 2.82 USD | -0.07 | 2.9 - 2.8111 | 21.3 - 16.43 | February 21, 2025 / 3:15 pm EST |
| Commercial Metals Company (CMC) | 49.95 USD | -0.89 | 52.18 - 49.87 | 64.22 - 46.21 | February 21, 2025 / 3:15 pm EST |
| Companhia Siderúrgica Nacional (SID) | 1.535 USD | -0.025 | 1.585 - 1.53 | 17.86 - 7.43 | February 21, 2025 / 3:15 pm EST |
Service Centers
| Company | Price | Change | Day Range | 52 Week Range | Last Updated |
|---|---|---|---|---|---|
| Worthington Industries, Inc. (WOR) | 42.5 USD | -1.01 | 44.29 - 42.15 | 69.59 - 37.89 | February 21, 2025 / 3:15 pm EST |
| Reliance Steel & Aluminum Co. (RS) | 301.601 USD | -1.059 | 306.48 - 299.845 | 342.2 - 261.93 | February 21, 2025 / 3:15 pm EST |
| Ryerson Holding Corporation (RYI) | 24.3 USD | 1.35 | 27.41 - 24.04 | 36.15 - 17.32 | February 21, 2025 / 3:15 pm EST |
| Olympic Steel, Inc. (ZEUS) | 37.855 USD | 1.185 | 38.5467 - 36.37 | 73.49 - 30.29 | February 21, 2025 / 3:15 pm EST |
Raw Materials
| Company | Price | Change | Day Range | 52 Week Range | Last Updated |
|---|---|---|---|---|---|
| BHP Group (BHP) | 51.51 USD | -0.6 | 52.29 - 51.47 | 46.41 - 38.28 | February 21, 2025 / 3:15 pm EST |
| Vale S.A. (VALE) | 10.085 USD | -0.065 | 10.23 - 10.08 | 69.07 - 50.87 | February 21, 2025 / 3:16 pm EST |
| Rio Tinto plc (RIO) | 63.415 USD | -0.875 | 64.49 - 63.27 | 5854 - 4509 | February 21, 2025 / 3:16 pm EST |
Freight
| Company | Price | Change | Day Range | 52 Week Range | Last Updated |
|---|---|---|---|---|---|
| C.H. Robinson Worldwide, Inc. (CHRW) | 100.92 USD | 0.5 | 101.17 - 98.39 | 114.82 - 65 | February 21, 2025 / 3:16 pm EST |
| J.B. Hunt Transport Services, Inc. (JBHT) | 167.07 USD | -1.47 | 169.07 - 161.14 | 218.65 - 153.12 | February 21, 2025 / 3:16 pm EST |
| Werner Enterprises, Inc. (WERN) | 33.605 USD | -0.465 | 34.31 - 32.39 | 42.48 - 33.12 | February 21, 2025 / 3:16 pm EST |
| Landstar System, Inc. (LSTR) | 158.73 USD | 0.06 | 160.305 - 152.73 | 196.86 - 157.99 | February 21, 2025 / 3:16 pm EST |
| Union Pacific Corporation (UNP) | 245.0525 USD | -2.5975 | 247.74 - 241.81 | 258.61 - 218.57 | February 21, 2025 / 3:16 pm EST |
| Norfolk Southern Corporation (NSC) | 247.3 USD | -2.11 | 248.97 - 243.91 | 277.6 - 206.71 | February 21, 2025 / 3:16 pm EST |
| CSX Corporation (CSX) | 32.335 USD | -0.125 | 32.47 - 31.79 | 40.05 - 31.43 | February 21, 2025 / 3:16 pm EST |
| SPDR S&P Transportation ETF (XTN) | 84.62 USD | -3.09 | 87.97 - 84.572 | 95.62 - 71.84 | February 21, 2025 / 3:16 pm EST |