Analysis
December 2, 2025
SMU Price Ranges: Plate stable, sheet pushes higher
Written by Brett Linton
All of SMU’s sheet price indices rose this week, climbing to new multi-month highs. At the same time, our plate index held steady. Sheet prices are now up $55-90 per short ton (st) compared to one month ago, while plate has risen $20/st in that time.
Hot-rolled (HR) coil prices increased for the eighth straight week, jumping $25/st higher week over week (w/w) to $895/st. The last time HR prices were this high was in April.
Our cold rolled index rose $30/st this week to a five-month high of $1,070/st, marking the seventh consecutive weekly increase.
Coated prices also rose to near five-month highs this week. Galvanized increased $30/st w/w to $1,030/st, while Galvalume rose $15/st to $1,020/st.
Following four weeks of increases, plate prices held steady this week at a three-month high of $1,020/st.
SMU’s price momentum indicator remains pointing higher for both sheet and plate products, signaling that we expect prices to continue rising from here.
Refer to Table 1 (click to enlarge) for our latest price indices and trends.
Hot-rolled coil: $860–930/st, averaging $895/st
The lower end of our range is up $35/st w/w, while the top end is up $15/st. Our overall average is up $25/st w/w.
HR coil lead times range from 4–8 weeks, averaging 5.7 weeks as of our Nov. 25 market survey.
Cold-rolled coil: $1,040–1,100/st, averaging $1,070/st
The lower end of our range is up $60 w/w, while the top end is unchanged. Our overall average is up $30/st w/w.
CR coil lead times range from 5–10 weeks, averaging 7.1 weeks through our latest survey.
Galvanized coil: $960–1,100/st, averaging $1,030/st
The lower end of our range is up $10/st w/w, while the top end is up $50/st w/w. Our overall average is up $30/st w/w.
Galvanized .060” G90 benchmark: SMU price range is $1,038–1,178/st, averaging $1,108/st FOB mill, east of the Rockies.
Galvanized sheet lead times range from 5-10 weeks, averaging 7.2 weeks through our latest survey.
Galvalume coil: $960–1,080/st, averaging $1,020/st
The lower end of our range is unchanged w/w, while the top end is up $30/st. Our overall average is up $15/st w/w.
Galvalume .0142” AZ50, grade 80 benchmark: SMU price range is $1,314–1,434/st, averaging $1,374/st FOB mill, east of the Rockies.
Galvalume sheet lead times range from 5–10 weeks, averaging 7.0 weeks through our latest survey.
Plate: $980–1,060/st, averaging $1,020/st
Our range is unchanged w/w.
Plate lead times range from 4–7 weeks, averaging 5.4 weeks through our latest survey.
