Comparison Price Indices: More Increases & Prices Still Rising

Platts increased prices by double digits again this past week, with hot rolled up $15 to $570, cold rolled up $20 to $790, and plate up $40 to $550.

Steel Market Update’s average hot rolled price increased $5 week over week to $550 per ton, while the cold rolled average price rose $15 to $760 per ton.

Our benchmark .060″ G90 galvanized average price was unchanged at $834 per ton ($41.70/cwt).

Galvalume prices increased by $10 per ton with .0142″ AZ50 Grade 80 now at a $1066 per ton average ($53.30/cwt).

SteelBenchmarker did not report prices this past week.

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 The weeks where they do not produce numbers (NA = not available) we will not include their outdated numbers in the CPI average.