By Bill Beck - October 10, 2018
After dropping $20 across the board in September, prime grades came back strong in October, regaining all of the $20 they lost last month. Cut grades regained half of the $20 they lost in the September market. Still, cut grades are off $30 from August numbers, and many in the Motor City think more ground will be made up next month.
By Bill Beck - September 12, 2018
For the second straight month, cut grades in Detroit dropped $20. But in September, they didn’t lose ground to prime grades, which were also off $20 in the Motor City. Plate and structural grades, which are in abundant supply in the Great Lakes region, dropped $25 for the second straight month.
By Bill Beck - August 15, 2018
After two straight months of prime grades up $10 and cut grades sideways, Detroit dropped back from its summer plateau. Prime grades were off $10 in the Motor City, while cut grades dropped $20. An oversupply of plate and structural in the lower Great Lakes markets pushed 5-foot P&S down $25 in Detroit.
By Bill Beck - July 11, 2018
For the second straight month, Detroit was the first U.S market out of the box in July, with prime grades up $10 and cut grades sideways to June prices.
By Bill Beck - June 13, 2018
For the second straight month, Detroit settled early in June, with prime grades up $10 and cut grades sideways to May prices.