SMU price ranges: Sheet and plate mixed, HRC down $20/t

Sheet prices were mixed again this week – highlighting a momentum shift we’ve observed in recent weeks. While hot-rolled (HR) coil, cold-rolled (CR) coil, and Galvalume were down slightly, galvanized and plate held steady.

SMU’s average HR coil price was down $20 per short ton (st) from last week, averaging $815/st. SMU’s CR price is at $1,130/st on average (down $10/st w/w). Our galvanized base price is at $1,130/st on average (flat w/w). And our Galvalume price now stands at $1,110/st on average (down $20/st w/w)

David Schollaert

David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.