| Top-pricing | ||
|---|---|---|
| Hot Rolled Coil – Midwest | 825 /st 03/05/2024 |
|
| Mini-Mill HRC CONVERSION COST ESTIMATE | 549 /st 04/11/2024 |
|
| Cold Rolled Coil – Midwest | 1120 /st 04/09/2024 |
|
| Hot Dipped Galvanized – Midwest | 1130 /st 04/09/2024 |
|
| CME Hot Rolled Coil Futures | |||
|---|---|---|---|
| Month | Last | Change | Prior |
| APR.24 | 0 | +0 | 843 |
| MAY.24 | 812 | +5 | 807 |
| JUN.24 | 801 | +6 | 795 |
| JUL.24 | 818 | +6 | 812 |
| AUG.24 | 822 | +2 | 820 |
| SEP.24 | 0 | +0 | 825 |
| OCT.24 | 0 | +0 | 820 |
| NOV.24 | 0 | +0 | 820 |
| DEC.24 | 0 | +0 | 815 |
| JAN.24 | 0 | +0 | 835 |
| FEB.24 | 0 | +0 | 840 |
| MAR.24 | 0 | +0 | 850 |
| APR.24 | 0 | +0 | 855 |
| LME Aluminum Futures
Last Updated: 04/26/2024
|
|||
|---|---|---|---|
| First Future |
2544.92
|
||
| Second Future |
2544.92
|
||
| Third Future |
2568.85
|
||
| Fourth Future |
2582.21
|
||
| Fifth Future |
2593.21
|
||
| Sixth Future |
2602.5
|
||
| Manufacturing | ||
|---|---|---|
| Global PMI | 50.6 04/23/2024 |
|
| US PMI | 50.3 04/23/2024 |
|
| Chinese PMI | 50.8 04/23/2024 |
|
| Chinese Caixian PMI | 51.1 04/23/2024 |
|
| Chicago PMI | 41.4 04/23/2024 |
|
| Japanese PMI | 49.9 04/23/2024 |
|
| EuroZone PMI | 45.6 04/23/2024 |
|
| 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 | $3.66 /gallon 04/26/2024 |
|
| Flat Bed Prices | $1.9541 /mile 04/26/2024 |
|
| Baltic Dry Index | 1743 04/26/2024 |
|
| Total Combined Rail Traffic | 474544 carloads 04/24/2024 |
|
| Railroad Carloads (weekly) | 257599 carloads 04/24/2024 |
|
| Railroad Intermodal Units (weekly) | 216945 units 04/24/2024 |
|
| Flatbed Rate per Mile Last Updated: 04/27/2024 | |||
|---|---|---|---|
| Region | Price | ||
| South Central | $2.17 | ||
| North East | $1.79 | ||
| West | $1.95 | ||
| South East | $2.02 | ||
| Midwest | $1.96 | ||
| Automotive | ||
|---|---|---|
| Annualized Sales | 15.49 million 04/23/2024 |
|
| Economy | ||
|---|---|---|
| Nonfarm Payrolls | 303000 jobs 04/05/2024 |
|
| Unemployment Rate | 0.038 % 04/05/2024 |
|
| 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% 03/01/2024 |
| Secured Overnight Financing Rate | - |
5.31% 04/25/2024 |
| 10 Yr Treasury | 4.70% 04/25/2024 |
|
| Steel-rebar | ||
|---|---|---|
| North America Domestic | $810 /st 03/11/2024 |
|
| Turkey Export | $585 /st 04/22/2024 |
|
| China Export | $524 /st 04/26/2024 |
|
| China Rebar Futures | $507.23 /mt 04/19/2024 |
|
| Energy | ||
|---|---|---|
| Natural Gas | $1.923 mbtu 04/26/2024 |
|
| Crude | $83.85 /barrel 04/26/2024 |
|
| Heating Oil | $2.5413 /gallon 04/19/2024 |
|
| Gasoline | $2.7103 /gallons 04/19/2024 |
|
| Crude Oil Inventory | 453625 barrels 04/24/2024 |
|
| Rig Count US | 613 rigs 04/26/2024 |
|
| Rig Count NA | 731 rigs 04/26/2024 |
|
| Natural Gas Inventory | 2425 bcf 04/25/2024 |
|
| Raw-materials | ||
|---|---|---|
| Mini-Mill Scrap | $416 /gt 04/11/2024 |
|
| Iron Ore | $118.9 /mt 04/26/2024 |
|
| Pig Iron Black Sea Export | $390 /mt 04/09/2024 |
|
| Pig Iron Brazil Export | $445 /mt 04/22/2024 |
|
| LME Zinc | $2832.39 /mt 04/26/2024 |
|
| Coking Coal | $257 /mt 04/26/2024 |
|
| Coke – China Export | $326 /mt 04/26/2024 |
|
| NYMEX Natural Gas Futures | $1.923 mbtu 04/26/2024 |
|
| Copper | $4.526 /lb 04/19/2024 |
|
| HRC Iron Ore Ratio | - |
6.94 04/26/2024 |
| Busheling Iron Ore Ratio | - |
3.74 04/26/2024 |
| HRC Busheling Ratio | 1.85 04/11/2024 |
|
| Steel-data | ||
|---|---|---|
| AISI Production | 1.726 million mt 04/15/2024 |
|
| AISI Capacity | 77.3 % 04/23/2024 |
|
| US Steel Flat Rolled Import Licenses | 1.03 million st 04/24/2024 |
|
| 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 | 49.5 04/02/2024 |
|
| 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 | 7.56 % 04/26/2024 |
|
| Homebuilder Confidence | 51 04/23/2024 |
|
| XHB (Homebuilder ETF) | $103.72 04/26/2024 |
|
| Capacity-and-lead | ||
|---|---|---|
| Weekly Domestic Capacity Utilization All Products | 77.3 % 04/23/2024 |
|
| HRC Midwest Lead Time | 4 weeks 03/14/2024 |
|
| Weekly Raw Steel Production | 1.726 M tons 04/15/2024 |
|
| Exchange Rates Last Updated: April 26, 2024 4:10 pm EDT |
||
|---|---|---|
1.0699 |
EUR/USD | |
7.2459 |
USD/CNY | |
1.5302 |
USD/AUD | |
83.378 |
USD/INR | |
1.3668 |
USD/CAD | |
17.1364 |
USD/MXN | |
158.296 |
USD/JPY | |
0.8006 |
USD/GBP | |
5.1163 |
USD/BRL | |
32.4036 |
USD/TRY | |
91.8734 |
USD/RUB | |
1376.46 |
USD/KRW | |
| Scrap Pricing Last Updated: 04/27/2024 |
||
|---|---|---|
Mini-Mill HRC CONVERSION COST ESTIMATE#1 Busheling = $135 #1 Bundles = $87 Shredded = $67 #1 Heavy Metal = $42 #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) | 37.42 |
0.25 (0.6726%) | 36.73 - 37.9025 | 20.31 - 50.15 | April 26, 2024 / 4:10 pm EDT |
| Steel Dynamics, Inc. (STLD) | 134.04 |
1.01 (0.7592%) | 133 - 136.28 | 89.23 - 151.34 | April 26, 2024 / 4:00 pm EDT |
| Nucor Corporation (NUE) | 175.42 |
-0.46 (-0.2615%) | 174.34 - 176.834 | 128.21 - 203.00 | April 26, 2024 / 4:10 pm EDT |
| ArcelorMittal (MT) | 25.37 |
0.15 (0.5948%) | 25.255 - 25.555 | 21.09 - 29.01 | April 26, 2024 / 4:10 pm EDT |
| Cleveland-Cliffs Inc. (CLF) | 17.88 |
-0.35 (-1.9199%) | 17.84 - 18.31 | 13.61 - 22.97 | April 26, 2024 / 4:14 pm EDT |
| Other Producers STOCK TICKER | |||||
|---|---|---|---|---|---|
| COMPANY | PRICE | CHANGE | DAY RANGE | 52 WEEK RANGE | LAST UPDATED |
| Ternium S.A. (TX) | 43.58 |
0.92 (2.1566%) | 42.82 - 44.25 | 34.15 - 44.44 | April 26, 2024 / 4:10 pm EDT |
| POSCO (PKX) | 71.6 |
0.56 (0.7883%) | 71.29 - 71.72 | 65.89 - 130.89 | April 26, 2024 / 4:10 pm EDT |
| Gerdau S.A. (GGB) | 3.61 |
0.12 (3.4384%) | 3.52 - 3.63 | 3.40 - 4.89 | April 26, 2024 / 4:10 pm EDT |
| Commercial Metals Company (CMC) | 53.48 |
-0.23 (-0.4282%) | 53.44 - 54.37 | 39.44 - 59.63 | April 26, 2024 / 4:10 pm EDT |
| Companhia Siderúrgica Nacional (SID) | 2.77 |
0.06 (2.214%) | 2.76 - 2.805 | 2.01 - 4.03 | April 26, 2024 / 4:10 pm EDT |
| Service Centers STOCK TICKER | |||||
|---|---|---|---|---|---|
| COMPANY | PRICE | CHANGE | DAY RANGE | 52 WEEK RANGE | LAST UPDATED |
| Worthington Industries, Inc. (WOR) | 58.41 |
0.8 (1.3886%) | 57.5 - 58.66 | 33.38 - 69.96 | April 26, 2024 / 4:10 pm EDT |
| Reliance Steel & Aluminum Co. (RS) | 290.62 |
-1.51 (-0.5169%) | 289.9 - 298 | 226.69 - 342.20 | April 26, 2024 / 4:10 pm EDT |
| Ryerson Holding Corporation (RYI) | 30.66 |
-0.39 (-1.256%) | 30.53 - 31.455 | 0.00 - 0.00 | April 26, 2024 / 4:10 pm EDT |
| Olympic Steel, Inc. (ZEUS) | 66.68 |
-0.87 (-1.2879%) | 66.5 - 68.56 | 40.57 - 73.33 | April 26, 2024 / 4:00 pm EDT |
| Raw Materials STOCK TICKER | |||||
|---|---|---|---|---|---|
| COMPANY | PRICE | CHANGE | DAY RANGE | 52 WEEK RANGE | LAST UPDATED |
| BHP Group (BHP) | 56.43 |
-0.78 (-1.3634%) | 55.8 - 56.91 | 51.62 - 67.41 | April 26, 2024 / 4:10 pm EDT |
| Vale S.A. (VALE) | 12.28 |
0.22 (1.8242%) | 12.16 - 12.35 | 11.26 - 15.39 | April 26, 2024 / 4:12 pm EDT |
| Rio Tinto plc (RIO) | 68.24 |
0.46 (0.6787%) | 67.895 - 68.86 | 54.85 - 72.10 | April 26, 2024 / 4:10 pm EDT |
| Freight STOCK TICKER | |||||
|---|---|---|---|---|---|
| COMPANY | PRICE | CHANGE | DAY RANGE | 52 WEEK RANGE | LAST UPDATED |
| C.H. Robinson Worldwide, Inc. (CHRW) | 70.22 |
-0.04 (-0.0569%) | 69.685 - 70.8 | 65.00 - 103.14 | April 26, 2024 / 4:00 pm EDT |
| J.B. Hunt Transport Services, Inc. (JBHT) | 162.01 |
-1.73 (-1.0566%) | 160.48 - 163.28 | 160.07 - 219.51 | April 26, 2024 / 4:00 pm EDT |
| Werner Enterprises, Inc. (WERN) | 34.74 |
-0.34 (-0.9692%) | 34.57 - 35.35 | 34.57 - 46.77 | April 26, 2024 / 4:00 pm EDT |
| Landstar System, Inc. (LSTR) | 177.26 |
-0.17 (-0.0958%) | 175.844 - 178.36 | 158.88 - 205.37 | April 26, 2024 / 4:00 pm EDT |
| Union Pacific Corporation (UNP) | 242.79 |
-0.76 (-0.3121%) | 240.73 - 244.83 | 186.32 - 257.33 | April 26, 2024 / 4:10 pm EDT |
| Norfolk Southern Corporation (NSC) | 239.94 |
-0.89 (-0.3696%) | 238.11 - 242.6384 | 180.75 - 263.66 | April 26, 2024 / 4:10 pm EDT |
| CSX Corporation (CSX) | 33.99 |
-0.04 (-0.1175%) | 33.57 - 34.17 | 28.84 - 39.99 | April 26, 2024 / 4:00 pm EDT |
| SPDR S&P Transportation ETF (XTN) | 77.2668 |
-0.9832 (-1.2565%) | 77.0551 - 77.7097 | 66.47 - 87.56 | April 26, 2024 / 4:10 pm EDT |