Steel Products Prices North America
April 7, 2015
SMU Price Ranges & Indices: Taking a Breather
Written by John Packard
Prices eased off the hectic pace we have been watching and reporting on over the past few months. Benchmark hot rolled pricing remained the same as what we reported this past week at $460 per ton average. We are watching the lower end of the range carefully to see if the domestic mills will attempt to take numbers down another notch in the coming weeks. We are also watching foreign hot rolled numbers as they could trigger the next move lower.
Our cold rolled and Galvalume averages also remained the same although we saw a tightening of the range between the low and high ends on cold rolled.
