Steel Products
SMU Comparison Price Indices: Another Week of “Going Nowhere in the Hurry Blues”
Written by John Packard
February 25, 2013
Steel Market Update (SMU) flat rolled price assessments remained the same on hot rolled, cold rolled and Galvalume this past week compared to the week before. Our galvanized price average was $5 per ton lower than one week earlier as the lower end of our range dropped by $10 per ton. Platts did not change their price assessments while the CRU noted slight weakness in their numbers dropping all three of the items (HR, CR and GI) slightly compared to the prior week. Steel Orbis was the first of the indices to drop their HRC number to under $600 per ton as they lowered their number by $20 per ton to $590 this past week. SteelBenchmarker did not produce new numbers this past week.
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John Packard
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US HR prices surge above offshore tags
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US rig counts inch up again, Canadian activity slips
The latest oil and gas rig count in the US increased slightly from last week, while Canadian activity edged lower, according to Baker Hughes.
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SMU flat-rolled market survey results now available
SMU’s latest steel buyers market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “latest survey results.” Past survey results are also available under that selection. If you need help accessing the survey results, or if […]
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CRU: Rising protectionism impacts global steel trade
US sheet prices surge following tariff announcement
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SMU Community Chat replay now available
The latest SMU Community Chat webinar reply is now available on our website to all members. After logging in at steelmarketupdate.com, visit the community tab and look under the “previous webinars” section of the dropdown menu. All past Community Chat webinars are also available under that selection. If you need help accessing the webinar replay, or if your company […]