Comparison Price Indices: Flat Rolled Higher, Plate Lower

Cold rolled averages rose at SMU to $780 per ton ($39.00/cwt), while dropping on Platts to $806 per ton ($40.30/cwt).

Galvanized .060″ G90, which is the benchmark used by a large portion of the steel indexes, was seen as $5 per ton higher by Steel Market Update.

Galvalume .0142″ AZ50, Grade 80, which is our benchmark item for AZ, was seen by SMU as $10 per ton higher last week than the week prior.

Discrete steel plate was down $20 per ton (delivered) to $630 per ton on SMU’s index and down $3 per ton to $610 per ton (FOB SE Mill) on Platts.

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.

Plate price FOB points are different for each of the indexes:

SMU: FOB Delivered to the Customer (includes freight)
Platts: FOB Southeastern Mill (does not include freight)