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    Prices

    June 3, 2014

    SMU Price Ranges & Indices: Early Cracks

    Written by Brett Linton

    Steel prices are starting to slip. We have found a number of mills making price adjustments to their flat rolled steel offers over the past 24-48 hours. The steel mills are attempting to keep the reductions as minimal and quiet as possible. We are posting reductions in our averages, most occurring due to reductions on the lower end of our range (upper end is still getting some action). The net result has our price averages dropping by $5 to $15 per ton compared to where we were one week ago.

    Here is how we are seeing prices this week:

    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.

    Read more from Brett Linton

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