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| Gerdau steel prices |
Price Hikes for Angles, Channels, and Steel Strip
Gerdau Long Steel North America raised prices on selected long products, including angles, channels, and steel strip.
The company increased rates by $40–60 per short ton for new orders.
However, previously confirmed orders by March 25 remain protected if shipped by April 10.
Steel imports to the U.S. declined sharply, with 2.42 million short tons of rolled steel in January-February 2026.
In contrast, total steel imports, including semi-finished products, dropped 37.6% year-on-year, tightening domestic supply.
Products for the oil industry and cold-rolled coils experienced the largest declines, amplifying market pressure.
Market Outlook and Strategic Pricing
Gerdau emphasized continuous monitoring of market conditions to maintain competitiveness with distributors and end-users.
Meanwhile, the company reserves the right to adjust prices further based on supply-demand dynamics.
As a result, North American long product markets may face tighter margins and higher volatility in coming months.
ScrapInsight Commentary
Gerdau’s price increase reflects tightening supply and declining imports, signaling near-term market stress.
Producers may face margin pressure, while buyers must navigate higher costs, emphasizing the need for strategic procurement.
