Comparison Price Indices: Another Small Bump

Sunday, January 22, 2017 9:13 PM Written by 

Only two of the steel indexes followed by Steel Market Update reported prices this past week (SteelBenchmarker only reports twice per month).  We saw mixed results with Platts taking their hot rolled average to $630 per ton (up $20) while our SMU HRC index average was up $5 per ton to $625 per ton.

Platts and SMU agreed on cold rolled at $830 per ton. SMU was up $5 while Platts caught up by being up $10 per ton.



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John Packard

John Packard is the President and Publisher of Steel Market Update. Since 1977, he has been an active participant in the flat rolled steel business in North America. His background provides the unique flavor and quality of Steel Market Update. John has held positions in the service center, steel mill and trading company segments of the flat rolled steel industry. John founded Steel Market Update, Inc. in August 2008. John can be reached via email at: John@SteelMarketUpdate.com or by phone: 800-432-3475.

Website: www.SteelMarketUpdate.com
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