SMU Price Ranges & Indices: One Sideways & 3 Higher

Hot Rolled Coil: SMU Range is $650 per ton to $690 per ton ($32.50/cwt-$34.50/cwt) with an average of $670 per ton ($33.50/cwt) FOB mill, east of the Rockies. Our benchmark hot rolled range did not change when compared to our last measurement on Tuesday, December 17th. Our expectation is for hot rolled pricing to move sideways to slightly higher over the next 30 days.

Hot Rolled Lead Times: 3-8 weeks.

Cold Rolled Coil: SMU Range is $760 per ton to $800 per ton ($38.00/cwt-$40.00/cwt) with an average of $780 per ton ($39.00/cwt) FOB mill, east of the Rockies. The lower end of our range moved higher by $10 per ton while the upper end of our range remained stable compared to our last report on Tuesday, December 17th. Our average is now $5 per ton higher than one week ago. SMU anticipates cold rolled prices will move sideways to slightly higher over the next 30 days.

Cold Rolled Lead Times: 5-8 weeks.

Galvanized Coil: SMU Base Price Range is $38.00/cwt to $40.00/cwt ($760 per ton to $800 per ton base) with an average of $39.00/cwt ($780 per ton) plus applicable extras, FOB mill, east of the Rockies. The lower end of our range moved higher by $10 per ton while the upper end of our range remained intact from last week. SMU anticipates galvanized base prices will trend sideways to slightly higher over the next 30 days.

Galvanized Benchmark .060” G90 range is $820 per ton to $860 per ton with an average of $840 per ton, FOB mill, east of the Rockies. Extra being used for .060” G90 is $3.00/cwt ($60 per ton).

Galvanized Lead Times: 4-10 weeks.

Galvalume Coil: SMU Base Price Range is $38.50/cwt to $40.50/cwt ($770 per ton to $810 per ton) with an average of $39.50/cwt ($790 per ton) plus applicable extras, FOB mill, east of the Rockies. The lower end of our range remained stable while the upper end of our range rose by $10 per ton compared to our report of last Tuesday, December 17th. The expectation is for Galvalume prices to move sideways to slightly higher over the next 30 days.

Galvalume .0142” AZ50, Grade 80 Benchmark: SMU range (including extras) is $1061 to $1101 per ton ($53.05/cwt-$55.05/cwt) FOB mill, east of the Rockies.

Galvalume Lead Times: 5-9 weeks.

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