Comparison Price Indices: Large Dips in Pricing

Cold rolled prices took large dips on SMU and Platts with SMU ending the week at $780 per ton, Platts at $795 per ton and SteelBenchmarker was down $2 to $795 per ton.

SMU saw galvanized .060” G90 down $30 per ton last week and Galvalume was down $20 per ton for .0142” AZ50, Grade 80.

Plate prices remained the same at SMU ($740 per ton delivered) and Platts ($730 per ton FOB Southeastern USA Mill) while SteelBenchmarker rose $12 per ton to $746 per ton.

A reminder that our plate pricing is referencing an average price delivered to the customer.

SMU Note: Galvanized prices include $78 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 The weeks where they do not produce numbers (NA = not available) we will not include their outdated numbers in the CPI average.