| Top-pricing | ||
|---|---|---|
| Hot Rolled Coil – Midwest | - |
700 /st 09/09/2024 |
| Mini-Mill HRC CONVERSION COST ESTIMATE | - |
522 /st 09/11/2024 |
| 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 |
| SEP 2024 | 713 | -1 | 714 |
| OCT 2024 | 722 | -5 | 727 |
| NOV 2024 | 756 | +2 | 754 |
| DEC 2024 | 765 | -13 | 778 |
| JAN 2025 | 799 | -1 | 800 |
| FEB 2025 | 804 | +4 | 800 |
| MAR 2025 | 0 | +0 | 800 |
| APR 2025 | 820 | +7 | 813 |
| MAY 2025 | 0 | +0 | 813 |
| JUN 2025 | 0 | +0 | 813 |
| JUL 2025 | 0 | +0 | 820 |
| AUG 2025 | 0 | +0 | 825 |
| SEP 2025 | 0 | +0 | 825 |
| LME Aluminum Futures
Last Updated: 09/14/2024
|
|||
|---|---|---|---|
| First Future |
2456.04
|
||
| Second Future |
2456.04
|
||
| Third Future |
2460.26
|
||
| Fourth Future |
2471.08
|
||
| Fifth Future |
2482.83
|
||
| Sixth Future |
2496.08
|
||
| Manufacturing | ||
|---|---|---|
| Global PMI | - |
49.5 09/03/2024 |
| US PMI | - |
47.2 09/03/2024 |
| Chinese PMI | - |
49.1 09/03/2024 |
| Chinese Caixian PMI | - |
50.4 09/03/2024 |
| Chicago PMI | - |
46.1 09/03/2024 |
| Japanese PMI | - |
49.8 09/03/2024 |
| EuroZone PMI | - |
45.8 09/03/2024 |
| Philadelphia Fed | - |
-7 08/15/2024 |
| Empire Manufacturing | - |
-4.7 08/15/2024 |
| Durable Goods | - |
0.1 % 09/05/2024 |
| Industrial Production | - |
-0.0064 % 08/01/2024 |
| Capacity Utilization | - |
77.8477 % 08/15/2024 |
| Transportation | ||
|---|---|---|
| Gas Prices | - |
$3.217 /gallon 09/14/2024 |
| Flat Bed Prices | - |
$1.8018 /mile 09/14/2024 |
| Baltic Dry Index | - |
1890 09/14/2024 |
| Total Combined Rail Traffic | - |
479179 carloads 09/11/2024 |
| Railroad Carloads (weekly) | - |
256978 carloads 09/11/2024 |
| Railroad Intermodal Units (weekly) | - |
222201 units 09/11/2024 |
| Flatbed Rate per Mile Last Updated: 09/16/2024 | |||
|---|---|---|---|
| Region | Price | ||
| South Central | $2.15 | ||
| North East | $1.83 | ||
| West | $1.89 | ||
| South East | $1.95 | ||
| Midwest | $2.06 | ||
| Automotive | ||
|---|---|---|
| Annualized Sales | - |
15.13 million 09/05/2024 |
| Economy | ||
|---|---|---|
| Nonfarm Payrolls | - |
142000 jobs 09/06/2024 |
| Unemployment Rate | - |
0.042 % 09/06/2024 |
| PPI | - |
0.002 % 09/12/2024 |
| CPI | - |
0.002 % 08/01/2024 |
| Consumer Confidence | - |
69 09/14/2024 |
| Small Business Index | - |
91.2 09/10/2024 |
| Interest Rates | ||
|---|---|---|
| Fed Funds | - |
5.33% 08/01/2024 |
| Secured Overnight Financing Rate | 5.33% 09/12/2024 |
|
| 10 Yr Treasury | 3.68% 09/12/2024 |
|
| Steel-rebar | ||
|---|---|---|
| North America Domestic | - |
$745 /st 09/10/2024 |
| Turkey Export | - |
$577.5 /st 09/14/2024 |
| China Export | - |
$467 /st 09/09/2024 |
| China Rebar Futures | - |
$450.32 /mt 09/14/2024 |
| Energy | ||
|---|---|---|
| Natural Gas | - |
$2.305 mbtu 09/14/2024 |
| Crude | - |
$68.65 /barrel 09/14/2024 |
| Heating Oil | - |
$2.0843 /gallon 09/14/2024 |
| Gasoline | - |
$1.9302 /gallons 09/14/2024 |
| Crude Oil Inventory | - |
419143 barrels 09/11/2024 |
| Rig Count US | - |
590 rigs 09/14/2024 |
| Rig Count NA | - |
808 rigs 09/14/2024 |
| Natural Gas Inventory | - |
3387 bcf 09/12/2024 |
| Raw-materials | ||
|---|---|---|
| Mini-Mill Scrap | - |
$383 /gt 09/11/2024 |
| Iron Ore | - |
$94.6 /mt 09/14/2024 |
| Pig Iron Black Sea Export | - |
$382.5 /mt 09/09/2024 |
| Pig Iron Brazil Export | - |
$437.5 /mt 09/03/2024 |
| LME Zinc | - |
$2866.33 /mt 09/14/2024 |
| Coking Coal | - |
$195 /mt 09/11/2024 |
| Coke – China Export | - |
$266 /mt 09/11/2024 |
| NYMEX Natural Gas Futures | - |
$2.305 mbtu 09/14/2024 |
| Copper | - |
$4.236 /lb 09/14/2024 |
| HRC Iron Ore Ratio | - |
7.4 09/14/2024 |
| Busheling Iron Ore Ratio | - |
4.41 09/14/2024 |
| HRC Busheling Ratio | - |
1.68 09/11/2024 |
| Steel-data | ||
|---|---|---|
| AISI Production | - |
1.772 million mt 09/09/2024 |
| AISI Capacity | - |
79.8 % 09/09/2024 |
| US Steel Flat Rolled Import Licenses | - |
0.906 million st 09/11/2024 |
| Construction | ||
|---|---|---|
| CPIC | - |
199 billion 09/03/2024 |
| Median Sales Price of New home | - |
$429800 08/23/2024 |
| Case Shiller 20 city index housing prices | - |
0.0647 % 08/27/2024 |
| Dodge Construction Index | - |
234 09/14/2024 |
| ABI Index | - |
48.2 09/05/2024 |
| Building Permits | - |
1.396 million annualized homes 08/01/2024 |
| Housing Starts | - |
1.238 million annualized homes 08/01/2024 |
| New Home Sales | - |
73900 annualized homes 08/23/2024 |
| Existing Home Sales | - |
3.95 million annualized homes 08/22/2024 |
| 30 Year Mortgage Rate | - |
6.62 % 09/14/2024 |
| Homebuilder Confidence | - |
39 08/15/2024 |
| XHB (Homebuilder ETF) | - |
$119.53 09/14/2024 |
| Capacity-and-lead | ||
|---|---|---|
| Weekly Domestic Capacity Utilization All Products | - |
79.8 % 09/09/2024 |
| HRC Midwest Lead Time | - |
4.4 weeks 08/13/2024 |
| Weekly Raw Steel Production | - |
1.772 M tons 09/09/2024 |
| Exchange Rates
2024-09-16 15:00:00 UTC
|
|||
|---|---|---|---|
| CURRENCY | PRICE | ||
| EUR/USD | 1.1097 | ||
| USD/CNY | 7.0958 | ||
| USD/AUD | 1.4867 | ||
| USD/INR | 83.9048 | ||
| USD/CAD | 1.3574 | ||
| USD/MXN | 19.1859 | ||
| USD/JPY | 140.225 | ||
| USD/GBP | 0.7603 | ||
| Scrap Pricing Last Updated: 09/16/2024 |
||
|---|---|---|
Mini-Mill HRC CONVERSION COST ESTIMATE#1 Busheling = $127 #1 Bundles = $79 Shredded = $59 #1 Heavy Metal = $42 #2 Heavy Metal = $33 Pig Iron = $3 Conversion Cost = $180 Total = $522 Mini-Mill Scrap#1 Busheling = $163 #1 Bundles = $100 Shredded = $74 #1 Heavy Metal = $43 #2 Heavy Metal = $3 Total = $383 |
||
US Flat Rolled Steel Mills
| Company | Price | Change | Day Range | 52 Week Range | Last Updated |
|---|---|---|---|---|---|
| United States Steel Corporation (X) | 36.07 USD | 1.33 | 38.26 - 35.19 | 50.2 - 26.915 | September 16, 2024 / 1:20 am EDT |
| Steel Dynamics, Inc. (STLD) | 112.84 USD | 2.3 | 114.14 - 111.335 | 151.34 - 95.525 | September 16, 2024 / 1:20 am EDT |
| Nucor Corporation (NUE) | 143.59 USD | 2.99 | 145.12 - 141.35 | 203 - 133.42 | September 16, 2024 / 1:20 am EDT |
| ArcelorMittal (MT) | 22.73 USD | 0.35 | 22.855 - 22.58 | 26.95 - 18.435 | September 16, 2024 / 1:20 am EDT |
| Cleveland-Cliffs Inc. (CLF) | 11.91 USD | 0.56 | 12.14 - 11.5 | 22.97 - 10.21 | September 16, 2024 / 1:20 am EDT |
Other Producers
| Company | Price | Change | Day Range | 52 Week Range | Last Updated |
|---|---|---|---|---|---|
| Ternium S.A. (TX) | 33.35 USD | 0.93 | 33.73 - 32.715 | 44.44 - 30.68 | September 16, 2024 / 1:20 am EDT |
| POSCO (PKX) | 69 USD | 1.97 | 69.69 - 69 | 608000 - 309000 | September 16, 2024 / 1:20 am EDT |
| Gerdau S.A. (GGB) | 3.37 USD | 0.05 | 3.41 - 3.345 | 21.63 - 16.68 | September 16, 2024 / 1:20 am EDT |
| Commercial Metals Company (CMC) | 51.19 USD | 1.54 | 51.56 - 49.775 | 61.25 - 39.85 | September 16, 2024 / 1:20 am EDT |
| Companhia Siderúrgica Nacional (SID) | 2.17 USD | 0.09 | 2.2 - 2.13 | 19.8 - 10.75 | September 16, 2024 / 1:20 am EDT |
Service Centers
| Company | Price | Change | Day Range | 52 Week Range | Last Updated |
|---|---|---|---|---|---|
| Worthington Industries, Inc. (WOR) | 45.24 USD | 1.2 | 45.94 - 44.73 | 69.59 - 36.3925 | September 16, 2024 / 1:20 am EDT |
| Reliance Steel & Aluminum Co. (RS) | 277.9 USD | 3.86 | 280 - 274.6313 | 342.2 - 237.14 | September 16, 2024 / 1:20 am EDT |
| Ryerson Holding Corporation (RYI) | 18.94 USD | 0.91 | 19.22 - 18.435 | 36.2 - 17.57 | September 16, 2024 / 1:20 am EDT |
| Olympic Steel, Inc. (ZEUS) | 38.6 USD | 0.99 | 39.405 - 38.05 | 73.49 - 34.81 | September 16, 2024 / 1:20 am EDT |
Raw Materials
| Company | Price | Change | Day Range | 52 Week Range | Last Updated |
|---|---|---|---|---|---|
| BHP Group (BHP) | 52.89 USD | 0.69 | 53.25 - 52.81 | 50.84 - 38.28 | September 16, 2024 / 1:20 am EDT |
| Vale S.A. (VALE) | 10.51 USD | 0.14 | 10.62 - 10.42 | 78.55 - 55.48 | September 16, 2024 / 1:20 am EDT |
| Rio Tinto plc (RIO) | 62.55 USD | 0.64 | 62.79 - 62.48 | 5927 - 4509 | September 16, 2024 / 1:20 am EDT |
Freight
| Company | Price | Change | Day Range | 52 Week Range | Last Updated |
|---|---|---|---|---|---|
| C.H. Robinson Worldwide, Inc. (CHRW) | 100.07 USD | 0.61 | 100.4 - 97.77 | 105.41 - 65 | September 16, 2024 / 1:20 am EDT |
| J.B. Hunt Transport Services, Inc. (JBHT) | 168.66 USD | -0.2 | 171.26 - 167.7 | 219.505 - 153.12 | September 16, 2024 / 1:20 am EDT |
| Werner Enterprises, Inc. (WERN) | 37.33 USD | 0.91 | 37.34 - 36.765 | 43.26 - 33.12 | September 16, 2024 / 1:20 am EDT |
| Landstar System, Inc. (LSTR) | 182.37 USD | 0.2 | 185.82 - 181.62 | 201.405 - 161.13 | September 16, 2024 / 1:20 am EDT |
| Union Pacific Corporation (UNP) | 249.12 USD | 0.23 | 251.96 - 248.55 | 258.61 - 199.55 | September 16, 2024 / 1:20 am EDT |
| Norfolk Southern Corporation (NSC) | 245.8 USD | -8.79 | 256.84 - 245.45 | 263.66 - 183.09 | September 16, 2024 / 1:20 am EDT |
| CSX Corporation (CSX) | 33.52 USD | 0.07 | 33.95 - 33.39 | 40.05 - 29.035 | September 16, 2024 / 1:20 am EDT |
| SPDR S&P Transportation ETF (XTN) | 78.4765 USD | 1.1279 | 78.4765 - 78.08 | 85.31 - 66.7457 | September 16, 2024 / 1:20 am EDT |