Steel Products Prices North America
July 12, 2015
Comparison Price Indices: Nowhere to Go
Written by John Packard
Up, down and sideways is how to describe the various flat rolled price indexes this past week. Hot rolled prices averaged $465, down $1 from the week prior. However, the SMU index was up $5 per ton to $470, CRU was down $7 per ton to $461 and Platts remained stationary at $465 per ton for the third week in a row.
Cold rolled price average was up $1 per ton to $589 per ton. SMU saw CRC prices as being up $5 per ton to $590, CRU saw prices down $2 per ton to $593 and Platts kept cold rolled at $585 per ton for the third week in a row. Platts adjusted cold rolled the week of June 26th. Prior to that Platts had CRC at $580 per ton all the way back to the week of April 10th.
