On Tuesday of this past week, Steel Market Update (SMU) advised our readers that our range on hot rolled pricing was $580-$630 per ton with an average of $605 per ton ($30.25/cwt). As the week progressed, we received more information that has caused us to drop the lower end of our range to $560 per ton ($28.00/cwt) and our average is now $595 per ton ($29.75/cwt) based on our new range being $560 to $630 per ton.
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