Final Thoughts

January 11, 2022
Final Thoughts
Written by Michael Cowden
Flat-rolled steel prices continue to fall, but the market participants I spoke to today were taking the news in stride.
SMU’s average hot-rolled coil price now stands at $1,480 per ton ($74 per cwt), down $55 per ton from $1,535 per ton a week ago and down $475 per ton from a 2021 high – recorded in September – of $1,955 per ton.


