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    Market Data

    January 19, 2014

    Comparison Price Indices: Cracks Appear

    Written by John Packard

    Two of the indexes followed by Steel Market Update (three including our own indices) saw prices as beginning to drop for the first time in many weeks.  The average hot rolled number dropped $3 per ton to $678. The cold rolled results were mixed with SMU and SteelBenchmarker (which is only published twice per month) taking their average lower while CRU and Platts both moved higher.

    Galvanized moved lower by $6 per ton on average compared to the previous week and SMU noted Galvalume prices as falling this past week as well.

    John Packard

    Read more from John Packard

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