• Skip to main content

    Market Data

    October 8, 2024

    SMU price ranges: Sheet slips, plate falls to 45-month low

    Written by Laura Miller & Michael Cowden

    Steel sheet and plate prices moved lower this week as efforts by some mills to hold the line on tags ran up against continued concerns about demand.

    SMU’s hot-rolled coil price now stands at $695 per short ton (st) on average. That’s down $10 from last week but still within the narrow range of average prices ($685-705 st) we’ve seen since late August, according to SMU’s interactive pricing tool.

    Laura Miller

    Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

    Read more from Laura Miller

    Michael Cowden

    Michael Cowden is editor-in-chief for Steel Market Update. Cowden has covered the steel industry since 2007. He specializes in flat-rolled steel but has also reported on steel long products, steel pipe and tube, and aluminum. Before joining SMU, Cowden held reporting jobs at Fastmarkets AMM in Chicago, the Associated Press in Pittsburgh, and the Cambodia Daily in Phnom Penh. He has also worked as a copy editor and in marketing at the University of Chicago Press. Cowden has a BA in English from the University of Chicago and an MSJ journalism from Northwestern University’s Medill School of Journalism. Contact him at michael@steelmarketupdate.com or 724-759-7872.

    Read more from Michael Cowden

    Latest in Market Data