Steel Products Prices North America
September 14, 2021
SMU Price Ranges & Indices: Was That the Peak?
Written by Brett Linton
Sheet prices continue to wobble with hot-rolled coiled prices actually declining, albeit modestly, for the first time in more than a year. The concern: that the market is at a peak – and perhaps heading down the other side.
Hot rolled coil prices have been flat in prior weeks, but they have not declined since Aug.11 of last year – when they dropped to a post-pandemic low of $440 per ton ($22 per cwt). Cold-rolled and galvanized prices are unchanged this week.
