Iron and Steel Overview: Product Price Trends
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Derived from transaction prices reported in Purchasing Magazine, various issues. |
Canadian Iron and Steel Industry
Employment and Productivity
Energy Consumption
Environmental Issues
Industry Modernization and Restructuring
Integrated Mill Business Structure
International Competition
Labor Issues
Market Drivers
Price Trends
Products and Markets
Regulations and NOx Control
Rolling Mills / Secondary Finishing
Sales Revenue and Profitability
Shipments by Major Markets
Shipments by Type of Market
Shipments by Type of Product
U.S. Share of World Output
U.S. Steel Shipments
The figure shows the transaction price for a variety of steel products. Prices have been increasing as a result of strong demand and also increased scrap prices that are exerting a cost push effect. The more complicated the processing required, the higher the costs. At the low end of the price spectrum are reinforcing bar (rebar) and wire rod. Galvanized and cold rolled sheet must meet more exacting quality standards and more extensive processing, so costs are nearly twice that of rebar. Stainless steel sheet (not shown) costs $2200-2600 per ton.
Steel Semiannual Monitoring Report, U.S. International Trade Commission, Publication 2878, April, 1995
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