Steel Products Prices North America
January 14, 2018
Comparison Price Indices: Strong Weekly Move Higher
Written by John Packard
Flat rolled steel prices moved higher this past week, according to the steel price indexes followed by Steel Market Update. It’s a combination of moving into the New Year and getting the holidays behind us, stronger demand on many products and the steel mills moving to collect some, if not all, of the recent flat rolled price increase ($40 per ton) and plate price increase ($50 per ton). The net result being double-digit movement on almost every item in the table below.
Benchmark hot rolled coil appears to be one of the strongest products, moving $28 per ton on our own index and $23 per ton at Platts and $20 per ton at SteelBenchmarker.
