STEEL MARKET DASHBOARD
| Coil Pricing | ||
|---|---|---|
| Mini-Mill HRC CONVERSION COST ESTIMATE | 559 /st 1 week ago |
|
| Hot Rolled Coil – Midwest | 705 /st 1 week ago |
|
| Cold Rolled Coil – Midwest | 905 /st 1 week ago |
|
| Hot Dipped Galvanized – Midwest | 885 /st 1 week ago |
|
| CME Hot Rolled Coil Futures Updates every 5 mins | |||
|---|---|---|---|
| Month | Last | Change | Prior |
| SEP 2023 | 725 | 8 | 717 |
| OCT 2023 | 716 | 26 | 690 |
| NOV 2023 | 740 | 24 | 716 |
| DEC 2023 | 760 | 23 | 737 |
| JAN 2024 | 775 | 16 | 759 |
| FEB 2024 | 779 | 11 | 768 |
| MAR 2024 | 800 | 20 | 780 |
| APR 2024 | 790 | 0 | 790 |
| MAY 2024 | 800 | 5 | 795 |
| JUN 2024 | 815 | 10 | 805 |
| JUL 2024 | 820 | 3 | 817 |
| AUG 2024 | 825 | 3 | 822 |
| LME Aluminum Futures | |||
|---|---|---|---|
| LME Aluminum | Value | ||
| First Future |
2185 |
||
| Second Future |
2185 |
||
| Third Future |
2212.5 |
||
| Fourth Future |
2222.75 |
||
| Fifth Future |
2237.25 |
||
| Sixth Future |
2247.5 |
||
| Manufacturing | ||
|---|---|---|
| US PMI | 47.6 3 weeks ago |
|
| Global PMI | 49 3 weeks ago |
|
| Chinese PMI | 49.7 3 weeks ago |
|
| Chinese Caixian PMI | 51 3 weeks ago |
|
| EuroZone PMI | 43.5 3 weeks ago |
|
| Japanese PMI | 49.6 3 weeks ago |
|
| Chicago PMI | 48.7 3 weeks ago |
|
| Philadelphia Fed | -13.5 1 day ago |
|
| Empire Manufacturing | 1.9 1 week ago |
|
| Durable Goods | -0.052 % 4 weeks ago |
|
| Industrial Production | 0.004 % 1 week ago |
|
| Capacity Utilization | 79.7 % 1 week ago |
|
| Transportation | ||
|---|---|---|
| Gas Prices | $3.867 /gallon 1 day ago |
|
| Flat Bed Prices | $1.9231 /mile 3 days ago |
|
| Baltic Dry Index | 1,439 3 days ago |
|
| Total Combined Rail Traffic | 447,345 carloads 1 week ago |
|
| Railroad Carloads (weekly) | 229,244 carloads 1 week ago |
|
| Railroad Intermodal Units (weekly) | 218,101 units 1 week ago |
|
| Flatbed Rate per Mile | |||
|---|---|---|---|
| Region | Price | ||
| South Central | $2.47 | ||
| North East | $2.46 | ||
| West | $2.26 | ||
| South East | $2.60 | ||
| Midwest | $2.67 | ||
| Automotive | ||
|---|---|---|
| Annualized Sales | 15.04 million 3 weeks ago |
|
| Economy | ||
|---|---|---|
| Nonfarm Payrolls | 187,000 jobs 1 month ago |
|
| Unemployment Rate | 0.038 % 3 weeks ago |
|
| PPI | 0.021 % 1 week ago |
|
| CPI | 0.006 % 1 week ago |
|
| Consumer Confidence | 67.7 1 week ago |
|
| Small Business Index | 91.3 1 week ago |
|
| Interest Rates | ||
|---|---|---|
| Fed Funds | - |
5.33% 12 hours ago |
| Secured Overnight Financing Rate | - |
5.3% 12 hours ago |
| 10 Yr Treasury | - |
4.35% 12 hours ago |
| Steel Rebar | ||
|---|---|---|
| North America Domestic | $855 /st 1 week ago |
|
| Turkey Export | $567.5 /st 1 day ago |
|
| China Export | $529 /st 1 week ago |
|
| China Rebar Futures | $515.71 /mt 1 day ago |
|
| Energy | ||
|---|---|---|
| Crude | $91.2 /barrel 3 days ago |
|
| Natural Gas | $2.848 mbtu 3 days ago |
|
| Heating Oil | $3.3739 /gallon 3 days ago |
|
| Gasoline | $2.6581 /gallons 3 days ago |
|
| Rig Count NA | 831 rigs 1 week ago |
|
| Rig Count US | 641 rigs 1 week ago |
|
| Crude Oil Inventory | 420,592 barrels 1 week ago |
|
| Natural Gas Inventory | 3,205 bcf 1 week ago |
|
| Raw Materials | ||
|---|---|---|
| Mini-Mill Scrap | $419 /gt 2 months ago |
|
| Pig Iron Brazil Export | $410 /mt 1 week ago |
|
| Pig Iron Black Sea Export | $380 /mt 4 days ago |
|
| Iron Ore | $124.65 /mt 1 day ago |
|
| Coking Coal | $271 /mt 1 day ago |
|
| Coke – China Export | $344 /mt 1 day ago |
|
| LME Zinc | $2,489 /mt 1 day ago |
|
| NYMEX Natural Gas Futures | $2.61 mbtu 1 day ago |
|
| Copper | $3.696 /lb 1 day ago |
|
| HRC Iron Ore Ratio | - |
5.66 1 day ago |
| HRC Busheling Ratio | 1.57 1 week ago |
|
| Busheling Iron Ore Ratio | 3.61 1 day ago |
|
| Steel Data | ||
|---|---|---|
| AISI Production | 1.733 million mt 4 days ago |
|
| AISI Capacity | 76.2 % 4 days ago |
|
| US Steel Flat Rolled Import Licenses | 0.82 million st 1 week ago |
|
| Construction | ||
|---|---|---|
| CPIC | 181 billion 1 week ago |
|
| ABI Index | 50 1 week ago |
|
| Dodge Construction Index | 269 1 day ago |
|
| Case Shiller 20 city index housing prices | -0.0117 % 3 weeks ago |
|
| Median Sales Price of New home | $436,700 1 month ago |
|
| Building Permits | 1.543 million annualized homes 3 days ago |
|
| Housing Starts | 1.283 million annualized homes 3 days ago |
|
| New Home Sales | 71,400 annualized homes 1 month ago |
|
| Existing Home Sales | 4.04 million annualized homes 1 day ago |
|
| 30 Year Mortgage Rate | 7.59 % 2 days ago |
|
| Homebuilder Confidence | 45 4 days ago |
|
| XHB (Homebuilder ETF) | $76.1 1 day ago |
|
| Capacity and Lead | ||
|---|---|---|
| Weekly Domestic Capacity Utilization All Products | 76.2 % 4 days ago |
|
| Weekly Raw Steel Production | 1.733 M tons 4 days ago |
|
| HRC Midwest Lead Time | 5.1 weeks 2 weeks ago |
|
| Exchange Rates | ||
|---|---|---|
| EUR/USD | ||
| USD/CNY | ||
| USD/AUD | ||
| USD/INR | ||
| USD/CAD | ||
| USD/MXN | ||
| USD/JPY | ||
| USD/GBP | ||
| USD/BRL | ||
| USD/TRY | ||
| USD/RUB | ||
| USD/KRW | ||
| Scrap Pricing | ||
|---|---|---|
Mini-Mill HRC CONVERSION COST ESTIMATE#1 Busheling = $137 #1 Bundles = $93 Shredded = $63 #1 Heavy Metal = $49 #2 Heavy Metal = $33 Pig Iron = $3 Conversion Cost = $180 Total = $559 Mini-Mill Scrap#1 Busheling = $176 #1 Bundles = $118 Shredded = $79 #1 Heavy Metal = $43 #2 Heavy Metal = $3 Total = $419 |
||
| US Flat Rolled Steel Mills STOCK TICKER | |||||
|---|---|---|---|---|---|
| COMPANY | PRICE | CHANGE | DAY RANGE | 52 WEEK RANGE | LAST UPDATED |
| ArcelorMittal (MT) | 24.78 |
-0.06 (-0.2415%) | 24.735 - 24.97 | 19.09 - 32.22 | September 22, 2023 / 1:02 pm EDT |
| Cleveland-Cliffs Inc. (CLF) | 14.425 |
0.425 (3.0357%) | 14.15 - 14.44 | 11.83 - 22.83 | September 22, 2023 / 1:03 pm EDT |
| Nucor Corporation (NUE) | 153.49 |
1.95 (1.2868%) | 151.87 - 155.12 | 101.32 - 181.48 | September 22, 2023 / 1:02 pm EDT |
| Steel Dynamics, Inc. (STLD) | 101.47 |
1.93 (1.9389%) | 99.885 - 102.86 | 68.35 - 135.39 | September 22, 2023 / 1:02 pm EDT |
| United States Steel Corporation (X) | 31.92 |
0.69 (2.2094%) | 31.51 - 31.9 | 17.73 - 32.52 | September 22, 2023 / 1:03 pm EDT |
| Other Producers STOCK TICKER | |||||
|---|---|---|---|---|---|
| COMPANY | PRICE | CHANGE | DAY RANGE | 52 WEEK RANGE | LAST UPDATED |
| Companhia Siderúrgica Nacional (SID) | 2.45 |
0.02 (0.823%) | 2.44 - 2.475 | 1.81 - 3.38 | September 22, 2023 / 1:02 pm EDT |
| Commercial Metals Company (CMC) | 50.215 |
0.945 (1.918%) | 49.48 - 50.325 | 34.77 - 58.06 | September 22, 2023 / 1:03 pm EDT |
| Gerdau S.A. (GGB) | 4.945 |
0.035 (0.7128%) | 4.94 - 5.01 | 3.62 - 6.06 | September 22, 2023 / 1:03 pm EDT |
| POSCO (PKX) | 107.17 |
-0.21 (-0.1956%) | 107.14 - 107.82 | 36.53 - 133.09 | September 22, 2023 / 1:03 pm EDT |
| Ternium S.A. (TX) | 38.595 |
0.475 (1.2461%) | 38.54 - 39.13 | 24.13 - 45.58 | September 22, 2023 / 1:04 pm EDT |
| Service Centers STOCK TICKER | |||||
|---|---|---|---|---|---|
| COMPANY | PRICE | CHANGE | DAY RANGE | 52 WEEK RANGE | LAST UPDATED |
| Ryerson Holding Corporation (RYI) | 28.58 |
-0.05 (-0.1746%) | 28.41 - 29.03 | 0.00 - 0.00 | September 22, 2023 / 12:59 pm EDT |
| Reliance Steel & Aluminum Co. (RS) | 263.99 |
1.4 (0.5332%) | 261.6 - 265.81 | 165.57 - 294.93 | September 22, 2023 / 1:03 pm EDT |
| Worthington Industries, Inc. (WOR) | 68.65 |
1.35 (2.0059%) | 67.26 - 68.61 | 37.22 - 77.06 | September 22, 2023 / 1:01 pm EDT |
| Olympic Steel, Inc. (ZEUS) | 51.7 |
-0.07 (-0.1352%) | 51.185 - 52.34 | 22.38 - 58.53 | September 22, 2023 / 12:52 pm EDT |
| Raw Materials STOCK TICKER | |||||
|---|---|---|---|---|---|
| COMPANY | PRICE | CHANGE | DAY RANGE | 52 WEEK RANGE | LAST UPDATED |
| BHP Group (BHP) | 57.065 |
1.395 (2.5058%) | 56.97 - 57.51 | 44.34 - 67.58 | September 22, 2023 / 1:03 pm EDT |
| Schnitzer Steel Industries, Inc. (SCHN) | 27.06 |
-0.97 (-3.4606%) | 26.83 - 27.73 | 25.33 - 36.64 | September 21, 2023 / 9:30 am EDT |
| Rio Tinto plc (RIO) | 64.335 |
0.595 (0.9335%) | 63.98 - 64.59 | 47.94 - 75.82 | September 22, 2023 / 1:03 pm EDT |
| Vale S.A. (VALE) | 13.92 |
0.27 (1.978%) | 13.865 - 13.9881 | 11.72 - 18.32 | September 22, 2023 / 1:03 pm EDT |
| Freight STOCK TICKER | |||||
|---|---|---|---|---|---|
| COMPANY | PRICE | CHANGE | DAY RANGE | 52 WEEK RANGE | LAST UPDATED |
| SPDR S&P Transportation ETF (XTN) | 74.8212 |
-0.4388 (-0.583%) | 74.8015 - 75.67 | 62.99 - 87.93 | September 22, 2023 / 12:53 pm EDT |
| CSX Corporation (CSX) | 31.24 |
0.22 (0.7092%) | 30.97 - 31.51 | 25.44 - 34.26 | September 22, 2023 / 1:03 pm EDT |
| Norfolk Southern Corporation (NSC) | 202.58 |
1.3 (0.6459%) | 200.645 - 204.86 | 193.88 - 257.04 | September 22, 2023 / 1:02 pm EDT |
| Union Pacific Corporation (UNP) | 209.96 |
-1.44 (-0.6812%) | 209.59 - 213.025 | 179.09 - 239.08 | September 22, 2023 / 1:02 pm EDT |
| Kansas City Southern (KSU) | NA |
NA (NA%) | NA - NA | 0.00 - 0.00 | / |
| Landstar System, Inc. (LSTR) | 182.88 |
1.32 (0.727%) | 181.69 - 184.33 | 139.01 - 208.27 | September 22, 2023 / 1:00 pm EDT |
| Werner Enterprises, Inc. (WERN) | 39.48 |
-0.12 (-0.303%) | 39.47 - 39.89 | 35.51 - 50.01 | September 22, 2023 / 1:04 pm EDT |
| J.B. Hunt Transport Services, Inc. (JBHT) | 191.085 |
1.125 (0.5922%) | 189.01 - 192.31 | 154.89 - 209.21 | September 22, 2023 / 1:01 pm EDT |
| C.H. Robinson Worldwide, Inc. (CHRW) | 86.72 |
-0.03 (-0.0346%) | 86.49 - 87.135 | 84.44 - 106.01 | September 22, 2023 / 1:03 pm EDT |