Steel Products Prices North America
August 30, 2015
Comparison Price Indices: Everyone Moving Lower
Written by John Packard
Virtually all of the indexes followed by Steel Market Update have begun to note the falling prices on flat rolled steels in North America.
Benchmark hot rolled continues to be the most volatile product, dropping by as much as $16 per ton according to SteelBenchmarker (who only reports prices twice per month) and even Platts, which had held on to their $465 per ton average for a number of months, finally took their average down to $455 per ton. The various indexes are showing hot rolled coil as averaging $450 to $458 per ton with $455 being the average of the four indexes (down $8 per ton compared to last week).
