Market Data
November 18, 2025
SMU price ranges: Sheet and plate prices rise further
Written by Brett Linton
SMU’s price indices increased across the board this week, reaching new multi-month highs. Sheet prices rose by as much as $35 per short ton (st) from last week, while plate ticked up $5/st. Prices are now $25-55/st higher than they were this time last month.
Hot-rolled coil prices jumped $30/st week over week (w/w) to a four-month high of $860/st. This marks the sixth-consecutive weekly gain and the largest weekly increase since March.
Our cold rolled index rose for the fifth straight week, increasing $10/st w/w to $1,030/st. The last time cold rolled prices were this high was back in July.
Coated prices climbed to three-month highs this week. Galvanized jumped $35/st w/w to $980/st, the biggest weekly move seen since March. Meanwhile, Galvalume rose $20/st from last week to $1,000/st.
Plate prices edged higher for the third week in a row, rising $5/st w/w to a three-month high of $1,015 per short ton (st).
SMU’s price momentum indicator remains at higher for all sheet and plate products, signaling we foresee prices continuing to rise from here.
Refer to Table 1 (click to enlarge) for our latest price indices and trends.
Hot-rolled coil: $820–900/st, averaging $860/st
The lower end of our range is up $20/st w/w, while the top end is up $40/st. Our overall average is up $30/st w/w.
Hot-rolled lead times range from 3–8 weeks, averaging 5.3 weeks as of our Nov. 13 market survey.
Cold-rolled coil: $980–1,080/st, averaging $1,030/st
The lower end of our range is unchanged w/w, while the top end is up $20. Our overall average is up $10/st w/w.
Cold-rolled lead times range from 4–9 weeks, averaging 6.5 weeks through our latest survey.
Galvanized coil: $920–1,040/st, averaging $980/st
The lower end of our range is up $60/st w/w, while the top end is up $10/st w/w. Our overall average is up $35/st w/w.
Galvanized .060” G90 benchmark: SMU price range is $998–1,118/st, averaging $1,058/st FOB mill, east of the Rockies.
Galvanized lead times range from 5–8 weeks, averaging 6.8 weeks through our latest survey.
Galvalume coil: $960–1,040/st, averaging $1,000/st
The lower end of our range is up $40/st w/w, while the top end is unchanged. Our overall average is up $20/st w/w.
Galvalume .0142” AZ50, grade 80 benchmark: SMU price range is $1,314–1,394/st, averaging $1,354/st FOB mill, east of the Rockies.
Galvalume lead times range from 5–8 weeks, averaging 6.3 weeks through our latest survey.
Plate: $970–1,060/st, averaging $1,015/st
The lower end of our range is up $10/st w/w, while the top end is unchanged. Our overall average is up $5/st w/w.
Plate lead times range from 3–7 weeks, averaging 4.7 weeks through our latest survey.
SMU note: The graphic above shows a history of our hot rolled, cold rolled, galvanized, Galvalume, and plate prices. This data is also available on our website with our interactive pricing tool. If you need help navigating the site or logging in, contact us at smu@crugroup.com.
