Steel Products Prices North America
October 15, 2017
Comparison Price Indices: Pace of Slide Increases
Written by John Packard
The pace of the slide affecting flat rolled and plate steel prices quickened this past week. Steel Market Update (SMU) analyzed the price movements reported by Platts, SteelBenchmarker and SMU and found that almost every product was lower by the end of the week than it was the previous week.
Benchmark hot rolled broke through $600 per ton on both Platts ($599) and SMU ($587.50), with the only index still reporting HRC averaging more than $600 being SteelBenchmarker ($610).
