Market Data
November 25, 2025
SMU Price Ranges: Market gradually climbs higher
Written by Brett Linton
All five of SMU’s sheet and plate price indices increased this week for the second week in a row, with tags inching up to new multi-month highs. Prices are now up $30-70/st compared to four weeks ago.
Hot-rolled (HR) coil prices rose for the seventh consecutive week, moving $10/st higher week over week (w/w) to $870/st. Our cold rolled index climbed by the same amount, increasing for the sixth-straight week to $1,040/st. The last time prices for either of these products were this high was back in July.
Coated prices also rose to four-month highs this week. Galvanized jumped $20/st w/w to $1,000/st, and Galvalume rose $5/st to $1,005/st.
Plate prices ticked higher for the fourth straight week, rising $5/st w/w to a three-month high of $1,020 per short ton (st).
SMU’s price momentum indicator remains at higher for all sheet and plate products, signaling that 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: $825–915/st, averaging $870/st
The lower end of our range is up $5/st w/w, while the top end is up $15/st. Our overall average is up $10/st w/w.
Hot rolled lead times range from 4–8 weeks, averaging 5.7 weeks as of our Nov. 25 market survey.
Cold-rolled coil: $980–1,100/st, averaging $1,040/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 5–10 weeks, averaging 7.1 weeks through our latest survey.
Galvanized coil: $950–1,050/st, averaging $1,000/st
The lower end of our range is up $30/st w/w, while the top end is up $10/st w/w. Our overall average is up $20/st w/w.
Galvanized .060” G90 benchmark: SMU price range is $1,028–1,128/st, averaging $1,078/st FOB mill, east of the Rockies.
Galvanized lead times range from 5-10 weeks, averaging 7.2 weeks through our latest survey.
Galvalume coil: $960–1,050/st, averaging $1,005/st
The lower end of our range is unchanged w/w, while the top end is up $10/st. Our overall average is up $5/st w/w.
Galvalume .0142” AZ50, grade 80 benchmark: SMU price range is $1,314–1,404/st, averaging $1,359/st FOB mill, east of the Rockies.
Galvalume lead times range from 5–10 weeks, averaging 7.0 weeks through our latest survey.
Plate: $980–1,060/st, averaging $1,020/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 4–7 weeks, averaging 5.4 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.
