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    Prices

    March 5, 2019

    SMU Price Ranges & Indices: No Big Moves

    Written by Brett Linton

    Steel Market Update did not see a huge move in flat rolled steel prices this week. Our benchmark hot rolled average rose a modest $5 per ton, but is still below $700 per ton and a long way away from the $730 per ton suggested by ArcelorMittal USA in their announcement email. The other flat rolled items were mixed with our cold rolled average actually declining $5 per ton. The strongest of the flat rolled products are coated steels. We did see a little weakening in plate prices as we did not pick up the over $1,000 per ton prices this week.

    Here is how we see prices this week:

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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