Steel Prices
SMU annual price review
Written by Michael Cowden
May 6, 2025
We’re conducting our annual price review and want to hear from you!
Please take a moment to complete our short survey and share your views on how our prices, methodologies, and definitions can better support your work.
Your feedback plays a key role in how we continue to serve you and the wider steel market.
Share your views by May 26, 2025.
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If you have any questions, please reach out to us at info@steelmarketupdate.com.
Michael Cowden
Read more from Michael CowdenLatest in Steel Prices
Nucor’s hot band list price holds at $875/ton
Nucor held its hot-rolled coil list price flat again this week, according to its Monday, Sept. 15 consumer spot price (CSP) notice.
Price gap between US CR, most imports widens
Cold-rolled (CR) coil prices ticked lower in the US this week, while prices in offshore markets mostly diverged and ticked higher.
Pig iron market outlook cloudy
The pig iron market in Brazil is currently in flux and there have been few, if any, confirmed cargoes transacted for the US.
USS increases Galvalume coating extras
U.S. Steel has revised its Galvalume coating extras higher effective Nov. 2, 2025. The steelmaker released new extras to customers on Friday, Sept. 12.
CRU Outlook: Global steel sheet prices set to rise, but the near-term uptrend will be limited
Sheet prices are expected to increase in the coming weeks in most markets. However, rising domestic capacity in the US, subdued demand in Europe, and high inventory levels in China and India will limit price near-term uptrend.