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    SMU Price Ranges: Sheet and plate products inch higher

    Written by Brett Linton


    Sheet and plate steel prices moved higher in unison this week. SMU’s price indices rose $5-15 per short ton (st) from last week, with many now up to multi-month highs. Prices are now $10-45/st greater than the levels recorded four weeks ago.

    Buyers remain cautious as prices continue to tick higher. Demand is reported to be marginally adequate, and confidence still fragile. Sources report firmer mill pricing with limited discounts and tighter spot supply.

    Brett Linton

    Read more from Brett Linton

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