STEEL MARKET DASHBOARD

Top-pricing
Hot Rolled Coil – Midwest
700 /st
09/09/2024
Mini-Mill HRC CONVERSION COST ESTIMATE
-
539 /st
06/30/2025
Cold Rolled Coil – Midwest
900 /st
07/19/2024
Hot Dipped Galvanized – Midwest
885 /st
09/09/2024
CME Hot Rolled Coil Futures
MonthLastChangePrior
DEC 2024678+3675
JAN 2025712+0712
FEB 2025752+2750
MAR 2025775+0775
APR 2025780+0780
MAY 20250+0790
JUN 2025798+8790
JUL 20250+0790
AUG 20250+0790
SEP 20250+0790
OCT 20250+0790
NOV 2025795+5790
DEC 2025795+5790
LME Aluminum Futures
Last Updated: 07/03/2025
First Future
2601.89
Second Future
2601.89
Third Future
2607.52
Fourth Future
2609.03
Fifth Future
2611.22
Sixth Future
2612.97
Manufacturing
Global PMI
50.3
07/01/2025
US PMI
49
07/01/2025
Chinese PMI
49.7
06/30/2025
Chinese Caixian PMI
50.4
07/01/2025
Chicago PMI
40.4
06/30/2025
Japanese PMI
50.1
07/01/2025
EuroZone PMI
49.5
07/01/2025
Philadelphia Fed
-4
05/15/2025
Empire Manufacturing
-16
06/16/2025
Durable Goods
0.16 %
06/26/2025
Industrial Production
-0.0022 %
06/18/2025
Capacity Utilization
77.4278 %
06/18/2025
Automotive
Annualized Sales
15.34 million
07/02/2025
Economy
Nonfarm Payrolls
147000 jobs
07/03/2025
Unemployment Rate
0.041 %
07/03/2025
PPI
0.004 %
06/12/2025
CPI
0.001 %
06/11/2025
Consumer Confidence
60.7
06/30/2025
Small Business Index
98.8
06/10/2025
Interest Rates
Fed Funds
-
4.33%
06/01/2025
Secured Overnight Financing Rate
4.33%
07/07/2025
10 Yr Treasury
4.35%
07/03/2025
Steel-rebar
North America Domestic
$830 /st
06/23/2025
Turkey Export
$537.5 /st
07/02/2025
China Export
$445 /st
07/01/2025
China Rebar Futures
$465.31 /mt
01/27/2025
Energy
Natural Gas
$3.406 mbtu
07/03/2025
Crude
$67.16 /barrel
07/03/2025
Heating Oil
$2.3693 /gallon
07/03/2025
Gasoline
$2.119 /gallons
07/03/2025
Crude Oil Inventory
418951 barrels
07/02/2025
Rig Count US
539 rigs
07/03/2025
Rig Count NA
690 rigs
07/03/2025
Natural Gas Inventory
2953 bcf
07/03/2025
Raw-materials
Mini-Mill Scrap
-
$413 /gt
06/10/2025
Iron Ore
$95.1 /mt
07/03/2025
Pig Iron Black Sea Export
$313 /mt
06/30/2025
Pig Iron Brazil Export
$405 /mt
06/16/2025
LME Zinc
$2728.51 /mt
07/03/2025
Coking Coal
$159 /mt
07/03/2025
Coke – China Export
$200 /mt
06/24/2025
NYMEX Natural Gas Futures
$3.406 mbtu
07/03/2025
Copper
$5.131 /lb
07/03/2025
HRC Iron Ore Ratio
7.36
07/03/2025
Busheling Iron Ore Ratio
4.78
07/03/2025
HRC Busheling Ratio
-
1.54
06/10/2025
Steel-data
AISI Production
1.776 million mt
06/30/2025
AISI Capacity
79.1 %
06/30/2025
US Steel Flat Rolled Import Licenses
0.6 million st
07/03/2025
Construction
CPIC
186 billion
07/01/2025
Median Sales Price of New home
$426600
06/25/2025
Case Shiller 20 city index housing prices
0.0342 %
06/24/2025
Dodge Construction Index
246
06/23/2025
ABI Index
43.2
06/02/2025
Building Permits
1.394 million annualized homes
06/25/2025
Housing Starts
1.256 million annualized homes
06/18/2025
New Home Sales
62300 annualized homes
06/25/2025
Existing Home Sales
4.03 million annualized homes
06/23/2025
30 Year Mortgage Rate
6.79 %
07/03/2025
Homebuilder Confidence
32
06/18/2025
XHB (Homebuilder ETF)
$102.6
07/03/2025
Capacity-and-lead
Weekly Domestic Capacity Utilization All Products
79.1 %
06/30/2025
HRC Midwest Lead Time
4.4 weeks
08/13/2024
Weekly Raw Steel Production
1.776 M tons
06/30/2025
Transportation
Gas Prices
$3.162 /gallon
07/03/2025
Flat Bed Prices
$2.5602 /mile
07/02/2025
Baltic Dry Index
1443
07/03/2025
Total Combined Rail Traffic
491424 carloads
07/02/2025
Railroad Carloads (weekly)
266197 carloads
07/02/2025
Railroad Intermodal Units (weekly)
225227 units
07/02/2025
Exchange Rates
2025-07-08 22:00:00 UTC
CURRENCY PRICE
EUR/USD 1.1721
USD/CNY 7.1733
USD/AUD 1.5278
USD/INR 85.635
USD/CAD 1.3657
USD/MXN 18.6742
USD/JPY 146.641
USD/GBP 0.7364
Scrap Pricing
Last Updated: 07/08/2025

Mini-Mill HRC CONVERSION COST ESTIMATE

#1 Busheling = $138

#1 Bundles = $89

Shredded = $61

#1 Heavy Metal = $34

#2 Heavy Metal = $34

Pig Iron = $3

Conversion Cost = $180

Total = $539

Mini-Mill Scrap

#1 Busheling = $177

#1 Bundles = $113

Shredded = $76

#1 Heavy Metal = $44

#2 Heavy Metal = $3

Total = $413

US Flat Rolled Steel Mills

CompanyPriceChangeDay Range52 Week RangeLast Updated
United States Steel Corporation (X)54.84 USD-0.0154.89 - 54.7854.91 - 26.915July 8, 2025 / 9:01 am EDT
Steel Dynamics, Inc. (STLD)133.49 USD0.25134.94 - 132.13155.56 - 103.17July 8, 2025 / 9:01 am EDT
Nucor Corporation (NUE)136.95 USD-0.92139.11 - 135.94170.52 - 97.59July 8, 2025 / 9:01 am EDT
ArcelorMittal (MT)32.32 USD-0.3232.5599 - 32.0732.18 - 18.435July 8, 2025 / 9:01 am EDT
Cleveland-Cliffs Inc. (CLF)8.49 USD-0.338.73 - 8.3116.47 - 5.63July 8, 2025 / 9:01 am EDT

Other Producers

CompanyPriceChangeDay Range52 Week RangeLast Updated
Ternium S.A. (TX)31.6 USD-0.4831.99 - 31.5438.4 - 24July 8, 2025 / 9:01 am EDT
POSCO (PKX)56.02 USD-0.9857.02 - 55.65397000 - 227500July 8, 2025 / 9:01 am EDT
Gerdau S.A. (GGB)3.07 USD-0.063.09 - 3.0321.3 - 13.74July 8, 2025 / 9:01 am EDT
Commercial Metals Company (CMC)51.04 USD-1.3752.26 - 50.9164.22 - 37.92July 8, 2025 / 9:01 am EDT
Companhia Siderúrgica Nacional (SID)1.52 USD-0.031.54 - 1.513.84 - 7.24July 8, 2025 / 9:01 am EDT

Service Centers

CompanyPriceChangeDay Range52 Week RangeLast Updated
Worthington Industries, Inc. (WOR)64.18 USD-1.1765.7164 - 63.8570.91 - 37.88July 8, 2025 / 9:01 am EDT
Reliance Steel & Aluminum Co. (RS)323.77 USD-3.19328.18 - 323.74328.2665 - 250.07July 8, 2025 / 9:01 am EDT
Ryerson Holding Corporation (RYI)23.05 USD-0.4623.77 - 22.9727.41 - 17.1828July 8, 2025 / 9:01 am EDT
Olympic Steel, Inc. (ZEUS)34.22 USD-0.5934.785 - 33.8151.66 - 26.32July 8, 2025 / 9:01 am EDT

Raw Materials

CompanyPriceChangeDay Range52 Week RangeLast Updated
BHP Group (BHP)49.39 USD-1.1350.13 - 49.2446.23 - 33.25July 8, 2025 / 9:01 am EDT
Vale S.A. (VALE)9.94 USD-0.2810.1374 - 9.8965.35 - 48.77July 8, 2025 / 9:01 am EDT
Rio Tinto plc (RIO)57.66 USD-1.3658.4 - 57.6555474 - 4024.5July 8, 2025 / 9:01 am EDT

Freight

CompanyPriceChangeDay Range52 Week RangeLast Updated
C.H. Robinson Worldwide, Inc. (CHRW)96.73 USD-1.398.13 - 96.34114.82 - 84.24July 8, 2025 / 9:01 am EDT
J.B. Hunt Transport Services, Inc. (JBHT)149.56 USD-3.32153.48 - 148.56200.4 - 122.79July 8, 2025 / 9:01 am EDT
Werner Enterprises, Inc. (WERN)28.3 USD-0.7729.175 - 28.2442.48 - 23.02July 8, 2025 / 9:01 am EDT
Landstar System, Inc. (LSTR)142.54 USD-3.34146.47 - 141.91196.86 - 128.9923July 8, 2025 / 9:01 am EDT
Union Pacific Corporation (UNP)235.35 USD-0.93237.51 - 233.83258.07 - 204.66July 8, 2025 / 9:01 am EDT
Norfolk Southern Corporation (NSC)259.99 USD-2.51262.33 - 258.8277.6 - 201.63July 8, 2025 / 9:01 am EDT
CSX Corporation (CSX)33.05 USD-0.5533.59 - 32.973537.1 - 26.2184July 8, 2025 / 9:01 am EDT
SPDR S&P Transportation ETF (XTN)82.93 USD-1.4684.3948 - 82.62895.62 - 61.95July 8, 2025 / 9:01 am EDT