Steel Products Prices North America
January 21, 2014
SMU Price Ranges & Indices: Prices Mixed
Written by John Packard
Flat rolled steel prices (hot rolled, cold rolled, galvanized & Galvalume steels) were mixed this week according to our ongoing flat rolled market survey as well as direct contacts with steel buyers.
Prices were mixed as we saw slight improvement in hot rolled prices with an extension of the range. However, most of the price concentration on hot rolled was very close to $670 per ton. We also saw an expansion of the range on cold rolled with the upper end increasing by $20 per ton. Galvanized saw a slight contraction of the range as the top end moved in by $10 per ton ($.50/cwt) with the biggest concentration of price points being between $38.00/cwt and $39.50/cwt. Galvalume appears to be one product which is being impacted by foreign imports already (especially around port cities in the South and Southeast). The range is very narrow at this time with the top end of our range shrinking by $10 per ton.
