Steel Products Prices North America

SMU Comparison Price Indices: Prices Continue Move Lower
Written by John Packard
October 19, 2014
On Friday, Steel Market Update adjusted our hot rolled coil price range to $620-$660 per ton and our average was adjusted to $640 per ton. All of the other indexes also moved lower on hot rolled coil and the average of the four steel price indexes moved lower by $8 per ton to $647 per ton ($32.35/cwt).
Cold rolled prices are in a tight range ($770-$775 per ton) down $3 per ton for the week (average of all indexes).
Galvanized prices were relatively stable (down $1 per ton) and Galvalume remained the same.
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: Sheet and plate move ‘soft sideways’ to start August
Sheet and plate prices were either flat or modestly lower this week on softer demand and increasing domestic capacity.

Nucor lowers HRC list price to $890/ton
Nucor’s weekly consumer spot price (CSP) for hot-rolled (HR) coil was adjusted $10 per short ton (st) lower this week after holding steady last week.

CRU: Q3 will be the lowest point in current sheet price cycle
CRU Principal Analyst Shankhadeep Mukherjee expects a restocking cycle for steel sheet products in most parts of the world due to either low inventories or seasonally stronger demand.

CRU: US rebar and wire rod prices rise alongside S232 increase
CRU Senior Steel Analyst Alexandra Anderson discusses current market and pricing dynamics for long steel products in the US.

SMU Price Ranges: Sheet and plate steady ahead of Independence Day
Sheet and plate prices were little changed in the shortened week ahead of Independence Day, according to SMU’s latest check of the market.