Steel Products Prices North America

Comparison Price Indices: Ripples
Written by John Packard
July 27, 2014
Flat rolled steel prices have been essentially trending sideways for the past couple of weeks and this past week was no exception. We saw our hot rolled average increase by $3 per ton to $673 per ton with the CRU having the lowest HRC pricing at $667 per ton and Platts the highest at $680 per ton. CRU was the only index to move hot rolled prices this past week (+$5).
Cold rolled prices also moved up by $2 per ton ($1.75 per ton actually) as Platts moved up to $805 per ton and CRU moved up $2 per ton to $794 per ton.
Galvanized prices moved lower this past week by $4 per ton while Galvalume remained unchanged.
Our plate price average dropped by $6 per ton as CRU moved to $832 and the other indexes remained the same.
Note: SteelBenchmarker did not report new prices this past week. SteelBenchmarker releases prices twice per month.
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.
Platts: Northern Indiana Domestic Mill.

John Packard
Read more from John PackardLatest in Steel Products Prices North America

SMU Price Ranges: HR holds, galv slips amid competing market narratives
SMU’s sheet and plate prices see-sawed this week as hot-rolled (HR) coil prices held their ground while prices for galvanized product slipped.

Nucor carries $875/ton HR list price into week seven
Nucor is keeping hot-rolled (HR) coil prices unchanged again this week, according to its latest consumer spot price (CSP) notice issued on Monday, Oct. 6

SMU Price Ranges: A newsy week sees modest price gains despite a quiet spot market
Market participants predicted that prices should be at or near a bottom. But while most seemed to agree on that point, many also said they saw little upside given a quiet spot market and ongoing concerns about demand.

Nucor increases plate prices by $60/ton
Nucor aims to increase prices for steel plate by $60 per short ton with the opening of its November order book.

Nucor’s $875/ton HR spot price spills into week six
Nucor is keeping hot-rolled (HR) coil prices unchanged again this week, according to its latest consumer spot price (CSP) notice issued on Monday, Sept. 29.