Steel Products
January 2, 2013
2012 Pricing in Review
Written by John Packard
Hot rolled coil average $655 per ton according to Steel Market Update (SMU) monthly average price assessments. SMU was $1 off the CRU ($656 per ton) monthly settlements against the CME HRC contract once all the numbers had been crunched. For those who are unaware, SMU publishes our indices on Tuesdays prior to the CRU assessments which are published on Wednesday mornings.
Cold rolled averaged $759 per ton for calendar year 2012 after averaging $838 per ton at the end of January with the low point being $713 per ton achieved during the month of June.
