Steel Products Prices North America
Comparison Price Indices: HR Averages $890
Written by Brett Linton
June 3, 2018
Flat rolled and plate prices had yet another mixed week, according to the latest comparison of leading price indices.
Steel Market Update’s hot rolled average decreased by $10 to $890 per ton, while Platts’ hot rolled price rose $4 to $894 per ton. SteelBenchmarker adjusted their hot rolled price to $886 per ton, up $5 from two weeks ago.
SMU’s cold rolled average was flat at $1,005 per ton, while Platts’ cold rolled price rose $1 to $1,016 per ton. The SteelBenchmarker cold rolled price rose $1 from two weeks ago to $996 per ton.
Galvanized prices remained steady at $1,096 per ton for SMU .060 G90. Platts’ galvanized index fell $3 to $1,113 per ton.
The SMU Galvalume .0142” AZ50 Grade 80 price was unchanged at $1,321 per ton.
Plate prices fell by $28, according to SMU, to $963 per ton. Platts reported a $1 increase for plate to $955 per ton, and SteelBenchmarker upped their price $8 to $935 per ton.
SMU Note: Galvanized prices include $86 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 Midwest Mill (includes freight)
Note that SteelBenchmarker produces numbers twice per month. On the weeks they do not report prices (NA = not available), their data is not included in the CPI average.
Brett Linton
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