Steel Products Prices North America
Comparison Price Indices: Minor Move Higher
Written by John Packard
January 10, 2016
We are seeing small adjustments higher in hot rolled, cold rolled and galvanized pricing based on what our index, along with that of Platts, reported this past week.
Hot rolled averages range from a low of $380 per ton (SMU) to $390 per ton (Platts). Both indices were up, resulting in our CPI average for HRC gaining $4 per ton to $385 per ton.
Cold rolled was up $5 to $520 according to SMU and remained stable at $525 per ton at Platts. The CPI average increased by $3 per ton to $523 per ton.
Corrosion resistant products were mixed with galvanized rising $10 per ton(on .060” G90) and Galvalume remaining the same at $811 per ton (.0142” AZ50, Grade 80).
Plate prices increased by $15 per ton according to Platts and now stand at $472.50 per ton.
FOB Points for each index:
SMU: Domestic 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 The weeks where they do not produce numbers (NA = not available) we will not include their outdated numbers in the CPI average.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 Packard
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