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    February 25, 2014

    SMU Price Ranges & Indices: A Mixed Bag

    Written by Brett Linton

    Hot rolled prices continue to be the weakest of the flat rolled products with most buyers reporting $640 as readily available and we heard of only one mill (with limited to no spot tons available) holding firm at $660 (and we expect collecting few to no spot orders at that price level). Cold rolled continues to be the strongest product with one of the mini-mills finding religion between last week and this week and taking the lower end of their range up $10 per ton. Galvanized and Galvalume prices are all over the board with foreign affecting some of the mills while others have stronger positions due to their contract tons.

    The AK Steel Ashland furnace outage will at least psychologically affect buyers over the next couple of weeks as repairs are made.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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