Steel Products

SMU Comparison Price Indices: Modest Moves Higher

Written by Diana Packard

Steel Market Update (SMU) watches a number of steel indexes and their weekly price movements on various flat rolled products.  Since the May 22nd price increase announcement by U.S. Steel the indexes have been capturing a steady increase in pricing.  The spread on benchmark hot rolled has narrowed with all but SteelBenchmarker being within $5.50/per ton of one another (SteelBenchmarker did not report prices this past week).

FOB Points for each index:

SMU Comparison Price Index








SMU: Domestic Mill, East of the Rockies.

CRU: Midwest Mill, East of the Rockies.

SteelBenchmarker: Domestic Mill, East of the Mississippi.

SteelOrbis: Midwest Domestic Mill.

Platts: Northern Indiana Domestic Mill.

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