Steel Products
September 22, 2020
SMU Price Ranges & Indices: Hot Rolled Hits $600
Written by Brett Linton
Flat rolled steel prices continue to rise as demand improves, lead times extend and supplies remain a bit tight. Prices rose a further $10-40 per ton, based on Steel Market Update’s check of the market this week, with hot rolled reaching the psychological high mark of $600 per ton. SMU’s price momentum indicators remain pointed higher as market conditions suggest the uptrend could continue.
Here is how we see prices this week:
