Key Takeaways

• The published Consumer Spot Price for Hot Rolled moved again for the week of August 31, extending a run of consecutive increases that has now stretched through six straight weeks. The cumulative size of that move, and the widened spread carried at one producing mill, are detailed below.
• Two raw material inputs that feed directly into coated and integrated steelmaking costs finished the week at levels not seen in years, one holding at a multi-year high and the other posting a fourth consecutive weekly gain.
• Carbon flat rolled imports moved in the opposite direction from total carbon imports in July, and one coated product recorded its lowest daily import rate in more than two decades. The tonnage figures follow.

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