SMU Adjusts Our Flat Rolled Steel Price Indices

Hot Rolled Coil: SMU Range is $420-$460 per ton ($21.00/cwt- $23.00/cwt) with an average of $440 per ton ($22.00/cwt) FOB mill, east of the Rockies. The lower end of our range decreased $10 per ton compared to our Tuesday evening price, as did the upper end of our range. Our overall average is down $10 per ton compared to our last index.

Cold Rolled Coil: SMU Range is $550-$600 per ton ($27.50/cwt- $30.00/cwt) with an average of $575 per ton ($28.75/cwt) FOB mill, east of the Rockies. The lower end of our range decreased $10 per ton compared to our last published price, while the upper end rose $10 per ton. Our overall average is unchanged compared to our last price average.

Galvanized Coil: SMU Base Price Range is $27.00/cwt-$29.50/cwt ($540-$590 per ton) with an average of $28.25/cwt ($565 per ton) FOB mill, east of the Rockies. The lower end of our range decreased $20 per ton compared to our Tuesday evening price, while the upper end of our range remained the same. Our overall average is down $10 per ton compared to our last index.

Galvanized .060” G90 Benchmark: SMU Range is $609-$659 per net ton with an average of $644 per ton FOB mill, east of the Rockies.

Galvalume Coil: SMU Base Price Range is $28.75/cwt-$30.50/cwt ($575-$610 per ton) with an average of $29.625/cwt ($593 per ton) FOB mill, east of the Rockies. The lower end of our range increased $5 per ton compared to our last published price, while the upper end remained the same. Our overall average is up $2.50 per ton compared to our last price average.

Galvalume .0142” AZ50, Grade 80 Benchmark: SMU Range is $866-$901 per net ton with an average of $884 per ton FOB mill, east of the Rockies.