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    Market Data

    May 2, 2025

    SMU's April 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 April 30.

    Following the February and March rally, steel prices ticked lower across the month of April. SMU’s Price Momentum Indicator was adjusted from Higher to Neutral on hot-rolled steel products in the last week of March, with all other sheet products following suit in early April. Sheet momentum then shifted to Lower in the third week of April, while plate momentum remained at Neutral.

    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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