Steel Products Prices North America
Comparison Price Indices: Ripples
Written by John Packard
July 27, 2014
Flat rolled steel prices have been essentially trending sideways for the past couple of weeks and this past week was no exception. We saw our hot rolled average increase by $3 per ton to $673 per ton with the CRU having the lowest HRC pricing at $667 per ton and Platts the highest at $680 per ton. CRU was the only index to move hot rolled prices this past week (+$5).
Cold rolled prices also moved up by $2 per ton ($1.75 per ton actually) as Platts moved up to $805 per ton and CRU moved up $2 per ton to $794 per ton.
Galvanized prices moved lower this past week by $4 per ton while Galvalume remained unchanged.
Our plate price average dropped by $6 per ton as CRU moved to $832 and the other indexes remained the same.
Note: SteelBenchmarker did not report new prices this past week. SteelBenchmarker releases prices twice per month.
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.
John Packard
Read more from John PackardLatest in Steel Products Prices North America
SMU Community Chat: Timna Tanners on ‘Trumplications’ for steel in 2025
Wolfe Research's Managing Director Timna Tanners discusses the 'Trumplications' for steel in the coming year in this week's SMU Community Chat.
Nucor raises hot rolled spot price to $750/ton
Nucor raised its weekly consumer spot price (CSP) for HRC this week to $750/short ton.
SMU price ranges: Most sheet and plate products drift lower
Steel sheet prices mostly edged lower for a second week, while plate prices slipped for the third consecutive week.
Nucor drops HRC price to $720/ton
After holding its weekly spot price for hot-rolled (HR) coil steady for three weeks at $730 per short ton (st), Nucor lowered the price this week by $10/st.
SMU price ranges: Sheet slips, plate falls to 45-month low
Steel sheet and plate prices moved lower this week as efforts among some mills to hold the line on tags ran up against continued concerns about demand.