Comparison Price Indices: Another Mixed Week

Cold rolled pricing had a wide range with SMU the highest at $795 per ton followed by Platts at $784 and then SteelBenchmarker at $774 per ton.

Galvanized .060″ G90 was unchanged at $848 per ton.

Galvalume AZ50, Grade 80 .0143″ was reported as averaging $30 per ton less than the week prior.

Plate prices also had a wide variation, especially when considering that SMU number includes freight to the customer while SteelBenchmarker and Platts are FOB Mill. SteelBenchmarker was the highest at $685 per ton followed by SMU at $640 per ton (delivered) and then Platts at $613 per ton FOB Southeastern Mill.

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)

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 The weeks where they do not produce numbers (NA = not available), we will not include their outdated numbers in the CPI average.