Steel Products Prices North America

Comparison Price Indices: Coated Steel Prices Moving, Uncoated Not So Much
Written by John Packard
June 14, 2015
With the price increase announcements and the filing of a trade case against coated products we saw galvanized and Galvalume prices move higher by double digits this past week. Galvanized increased by $15 per ton according to SMU and $16 per ton according to CRU. Galvalume prices moved higher by $10 per ton.
When looking at benchmark hot rolled coil we found very little movement as SMU and Platts were unchanged, CRU was down $1 per ton and SteelBenchmarker, which only publishes their numbers twice per month, was up $2 per ton. The average of the 4 indexes was $461 per ton.
Cold rolled saw similar results with SMU and Platts unchanged from the prior week (and both at the same $580 number) while CRU was up $3 (to $581) and SteelBenchmarket was up $7 (to $585). The average of all 4 indexes is now $582 per ton.
Plate prices have also seen little movement with Platts remaining the same, CRU down $3 per ton and SteelBenchmarker up $9 per ton.
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

Nucor slows HRC price climb with $5/ton increase
After eight weeks of double-digit price increases on hot-rolled (HR) coil, Nucor slowed the price rise this week with an increase of $5 per short ton.

Domestic CRC prices surge ahead of imports
The price spread between stateside-produced CR and imports reached its widest margin in over a year.

Evraz raises plate prices $160/ton
Evraz North America (NA) has followed Nucor and SSAB with a plate price increase of its own: up $160 per short ton (st). The increase was effective immediately for all new orders of carbon, high-strength low-alloy, and normalized and quenched-and-tempered plate products, as well as for hot-rolled coil, the steelmaker said in a letter to […]

Nucor lifts HR coil to $820/ton
Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil for a fourth consecutive week.

Nucor pushes HR spot price to $790/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $790 per short ton (st) on Monday, Feb. 10 – a $15/st bump vs. last week. The Charlotte, N.C.-based company has raised its weekly CSP by $40/st over the past three weeks after maintaining tags at $750/st since Nov. 12, according to SMU’s […]