The steel market in the Americas was strong in February

In February, the benchmark steel price index in the Americas was 109.3 points, flat on a weekly basis (from a drop to a flat), up 0.1% on a monthly basis (flat with the previous period), down 17.7% on a year-on-year basis (flat with the previous period), and down 18.9% on a year-on-year basis.

Flat and long steel material: market price is stable and rising
In the United States, the factory price of hot-rolled coils, cold-rolled coils and hot-dip galvanizing coils of mainstream steel mills are 650 US dollars / ton, 830 US dollars / ton and 865 US dollars / ton, which are almost the same as the previous prices.

But the difference is that the price of imported steel is significantly higher than that at the beginning of the month. As of February 24, the United States imported 662 US dollars / ton (CIF), up 100 US dollars / ton. Cold rolled coil is 772 US dollars / ton (CIF), up 44 US dollars / ton. The volume of galvanized sheet is 959 US dollars / ton (CIF), the same as before. Medium and heavy plate was up $11 at $766 / ton (CIF).

According to the operation situation and fundamentals, it is expected that the American steel market will continue to strengthen in March.