SMU Data and Models
December 29, 2013
SMU Comparison Price Indices: Sideways to Small Ticks Higher
Written by John Packard
This past week we saw little movement in pricing on most flat rolled steel products due to the Holidays and a general lack of new orders flowing through the system. Benchmark hot rolled is in a fairly tight range at $667 on the low side (CRU) to $675 on the high side (Platts/Steelbenchmarker). The hot rolled average of the indices we follow on a regular basis was $671 per ton.
Cold rolled had a wider range from a low of $770 (Steel Orbis) to a high of $790 (CRU) the average was $781 per ton.
