SMU Price Ranges: Sheet market rising ahead of holidays

Following last week’s pause, SMU’s price indices were overall steady to higher this week, holding at or near multi-month highs.

Hot-rolled (HR) coil prices resumed their upwards climb, increasing $15 per short ton (st) to $910/st. HR prices have risen $50/st over the past month and were last this high back in April. Meanwhile, our cold-rolled (CR) coil index held at a five-month high of $1,070/st, up $40/st compared to the middle of November.

Brett Linton

Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.