SMU Data and Models
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SMU Comparison Price Indices
Written by John Packard
November 17, 2013
We saw all of the indices capturing higher flat rolled steel prices this past week. Benchmark hot rolled range from $665 to a high of $675 per ton as price assessments rose from $5 to $15 per ton compared to the prior week. The SMU Price Momentum Indicator continues to point toward higher prices over the next 30 days.
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: Within 200-300 mile radius of Northern Indiana Domestic Mill.
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John Packard
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Steelmaking raw material prices ease in July
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SMU market survey results now available
The latest SMU market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “latest survey results.” Historical survey results are also available under that selection. If you need help accessing the survey results, or if your […]