SMU Comparison Price Indices: Catch Up

As with hot rolled, cold rolled pricing was flat when looking at Steel Market Update and Platts price indices. SMU is showing our cold rolled pricing average as $785 per ton ($39.25/cwt) while Platts reported CRC pricing at $805 per ton. Both CRU and SteelBenchmarker took their cold rolled price indices down by $8 and $15 per ton, respectively.

The SMU Comparison Price Indices average for cold rolled pricing was $796 per ton, down $8 per ton over the past week.

Galvanized prices remained the same at $855 per ton on .060” G90 galvanized product, which is the benchmark used by ourselves and the CRU index which dropped their number by $15 per ton and matched our $855 per ton number.

The SMU Comparison Price Indices average for galvanized pricing is $855 per ton, down $8 per ton over the past week.

SMU reported Galvalume pricing at $1081 per ton, up $5 per ton compared to the previous week.

Plate prices rose $11 according to the CRU index and are now referenced as $820 per ton. SteelBenchmarker also reported a price increase on the plate pricing with their $841 per ton up $4 compared to the prior week. Platts plate price index remained the same at $835 per ton.

The SMU Comparison Price Indices average for plate pricing is $832 per ton, up $8 per ton over the past week.

FOB Points for each index:

SMU: Domestic Mill, East of the Rockies.
CRU: Midwest Mill, East of the Rockies.
SteelBenchmarker: Domestic Mill, East of the Mississippi.
Platts: Northern Indiana Domestic Mill.