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    November 19, 2016

    Comparison Price Indices: Wide Spreads Between Indexes

    Written by John Packard

    Flat rolled steel prices increased on two of the three steel indexes with benchmark hot rolled up $45 per ton according to Steel Market Update with Platts reporting HRC prices as being up $10 per ton. SteelBenchmarker, on the other hand, saw HRC prices as being down $4 per ton. So, we have quite a spread between the three averages: SMU has HRC at $540 per ton, Platts has HRC at $520 per ton and SteelBenchmarker has HRC at $492 per ton.

    John Packard

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