Steel Products Prices North America
August 10, 2014
Comparison Price Indices: Firm Sideways to Slightly Higher
Written by John Packard
Flat rolled steel price indexes followed by Steel Market Update on a weekly basis saw prices continuing to be firm to slightly higher on most products. Benchmark hot rolled coil prices averaged $676 per ton, up $2 per ton compared to the previous week’s average. SMU HRC pricing remained stable at $675 per ton while CRU rose $5 per ton and is now also at $675 per ton. Platts pricing remained at $682.50 per ton while SteelBenchmarker did not report new pricing as they only report twice per month, unlike the other indices which report on a weekly basis or more often as prices change (CRU is weekly only).
Cold rolled prices actually fell $2 per ton as an average with SMU prices being down $10 per ton, CRU up $3 per ton and Platts remaining the same.
