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    October 18, 2022

    SMU Price Ranges: All Products Grind Lower

    Written by Brett Linton

    Steel prices trended lower again this week, the second consecutive week of moderate declines, according to Steel Market Update sources. Sheet prices declined between $10–30 per net ton compared to last week, now at levels not seen since late 2020. Plate prices were broadly unchanged from last week, but are slowly easing towards levels last seen 15 months ago. These declines follow nearly two months of mostly sideways or modestly down prices.

    Hot-rolled sheet and plate prices eased $10 per ton versus last week, while cold rolled and coated prices fell at a moderately faster rate of $20–30 per ton.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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