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
 
		                                September Import Share of US Sheet and Plate Markets
Imported sheet and plate products arrived at US ports at a slower clip in September, accounting for a lower share of the domestic market for the third straight month. That’s according to a Steel Market Update analysis of import data from the US Commerce Department and domestic shipment figures from the American Iron and Steel […]
 
		                                US Apparent Steel Supply Falls Further in September
US apparent steel supply eased further in September, down 8% from August to 8.29 million net tons, according to data from the US Department of Commerce and the American Iron and Steel Institute (AISI). As the lowest monthly figure since February 2021, this was a 19-month low. September supply was 10% below the average monthly rate […]
 
		                                Northwest Pipe Reports Sharply Higher Q3 Results
Engineered pipe and tube producer Northwest Pipe Co. posted sharply higher profits for the third quarter ended Sept. 30. The Vancouver, Wash.-based company said the boost was driven by strong demand and increasing backlogs from its engineered pipeline systems and precast products, according to earnings data released on Tuesday, Nov. 8 All told, Northwest Pipe posted net […]
 
		                                SMU Price Ranges: Flat-Rolled Steel Falls (Yet Again)
Sheet prices fell across the board again this week as the slow grind lower that we’ve seen since last spring continued to gain speed. Hot-rolled coil prices fell $30 per ton ($1.50 per cwt) week-over-week. Declines in coated products were more pronounced, with cold rolled down $55 per ton, galvanized down $35 per ton, and […]
 
		                                US Steel Exports Slip 10% in September
US steel export volumes shrunk 10% from August to September, according to the latest US Commerce Department data. 723,000 net tons of steel products exited the country during the month, now the fourth-lowest monthly export rate over the past year and a half. Recall that exports levels in August were at the third-highest monthly rate […]

