Steel Products Prices North America

SMU Comparison Price Indices: All Products (except Plate) Move Lower

Written by John Packard

March 3, 2014

Every week Steel Market Update analyzes a number of the flat rolled steel price indexes and provides the analysis to our Executive and Premium Level members. For our Monthly subscribers we produce an analysis of what happened to steel prices in total during the course of, in this case, the month of February.

The numbers shown below represent the averages, or index, for each product and the total amount of price movement made from the end of the month of January through the end of February. As you can see we had significant negative price movement on all products with the exception of plate.

SMU Note: SteelBenchmarker only provides pricing twice per month. Also, for the report shown below Steel Orbis had not yet advised SMU of any price revisions to their numbers during the last week of February.

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.

John Packard

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