Tag: Price Indices

SMU Comparison Price Indices: HRC Breaks Into 2 Camps

At the moment we have broken into two camps when it comes to hot rolled coil – the CRU and SteelBenchmarker (which did not report prices this past week) who both pegged their HRC prices in the mid-$630’s – and the rest of the indexes we follow on a regular basis and ourselves (SMU) who […]

SMU Comparison Price Indices

Platts may be providing a hint as to what we will see coming from the other indices as we enter a full week. SMU did see weakness in our steel survey but we have decided not to make any adjustments in our index until Tuesday evening since last week was 1) a short week and, […]