Prices
July 24, 2016
Comparison Price Indices: Some Small Price Movement
Written by John Packard
Flat rolled steel prices slipped on both Platts and Steel Market Update this past week.
Benchmark hot rolled slid $10 per ton on SMU and $10 per ton on Platts with our average now down $8 per ton for the week. SteelBenchmarker did not report steel prices this past week.
Cold rolled prices remained stationary on both SMU and Platts.
SMU saw galvanized prices as down $5 per ton on .060” G90 while Galvalume was down $10 per ton on .0142” AZ50, Grade 80.
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 The weeks where they do not produce numbers (NA = not available) we will not include their outdated numbers in the CPI average.
