Flat rolled steel prices barely moved this past week according to the steel price indexes followed by Steel Market Update.
Hot rolled price averaged $466 per ton with SMU and Platts at $465 and CRU at $467 per ton.
Cold rolled was one product where we saw a split between SMU ($580), Platts ($585) and CRU ($600). Our average for CR was up $3 per ton to $588 per ton.
Galvanized saw the spread between SMU ($654) and CRU ($660) drop by $3 per ton. Our average is now $657 per ton for .060” G90.
Galvalume was down $5 per ton for .0142” AZ50, Grade 80.
Plate dropped as both Platts and CRU lowered prices this past week.
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.
Note that SteelBenchmarker produces numbers twice per month. On the weeks they produce numbers we will include them in the average. The weeks where they do not produce numbers (NA = not available) we will not include their outdated numbers in the CPI average.
John PackardRead more from John Packard
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