Comparison Price Indices: Numbers Start Moving Higher

Cold rolled prices remained the same at SMU at $835 per ton while Platts average on CRC rose to $840 per ton, up $10 from the previous week’s results.

Galvanized prices did not change this past week as SMU average for .060” G90 was once again $909 per ton.

SMU saw Galvalume spot prices as being up $5 per ton for the week with .0142” AZ50, Grade 80 now averaging $1136 per ton.

The extras being used for both the .060” G90 galvanized and Galvalume are referenced below the table shown below. Buyers note: the galvanized extras will be changed beginning with this week’s price analysis (see article on coating extra comparison in tonight’s issue).

Plate prices remained the same at $710 per ton as they were for the week ending March 3, 2017.

SMU Note: Galvanized prices include $69 in extras for a .060″ G90 product. Galvalume prices include $291 in extras for a .0142” AZ50 Grade 80 product.

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 The weeks where they do not produce numbers (NA = not available) we will not include their outdated numbers in the CPI average.