Market Data

April 1, 2025
SMU's March at a glance
Written by Brett Linton
SMU’s Monthly Review provides a summary of our key steel market metrics for the previous month, with the latest data updated through March 31.
Following February’s sharp gains, steel prices plateaued in March, showing signs of stabilizing or easing by the end of the month. The SMU Price Momentum Indicator was adjusted from Higher to Neutral on hot-rolled steel products in the fourth week of March. Price momentum for the remaining sheet and plate products remained at Higher.

