Economy
May 31, 2018
June 2018 at a Glance
Written by Tim Triplett
In the table below, Steel Market Update provides a snapshot of flat rolled steel pricing, commodities that affected steel prices, and economic data of importance to the flat rolled steel industry in June.
Looking back at the past month, SMU’s Pricing Momentum Indicator continued to point higher as the domestic mills reacted to the Trump administration tariffs on steel imports, pushing the price of hot rolled over $900 per ton. The price of cold rolled topped $1,000, while galvanized was near $1,100 a ton, about the same as in April and May.
