SMU Data and Models
August 2, 2015
July Steel Data at a Glance
Written by John Packard
Flat rolled steel prices, and the momentum associated with steel price movement, have been stuck for quite some time as you can see by our SMU Price Momentum at the top of the table below. As a result, our benchmark hot rolled price average is $3 per ton higher than what we reported at the end of June and $6 per ton higher than that of May.
As you can see, the other two indexes watched closely by the steel community (CRU and Platts) were within one dollar ($1) of the SMU average for the month.
