Prices
September 3, 2013
SMU Comparison Price Indices: Gyrations in the Numbers
Written by John Packard
We are starting to spot slight gyrations in the other indexes that we monitor on a regular basis. Most of the items reported this past week were unchanged from the week prior.
It is important to remember there are differences in both the collection techniques of the various indexes as well as different FOB points.
FOB Points for each 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.
