Market Data
January 13, 2026
SMU price ranges: Modest sheet increases, plate jumps
Written by Brett Linton
The majority of SMU’s sheet and plate price indices rose this week, with multiple products climbing to new multi-month highs.
Sheet prices are now $20-30 per short ton (st) above mid-December levels, having consistently held steady or moved higher each week since September. Plate has risen $35/st over the past month, much stronger momentum that it had had before the start of this year.
Hot-rolled (HR) coil prices increased $5/st week over week (w/w) to $935/st. The last time HR prices were this high was in March 2025.
Our cold rolled index rose $10/st this week to $1,100/st. Prices today are comparable to those of April 2025.
Coated prices were mixed this week. Our galvanized index remained at $1,060/st, while Galvalume rose $5/st w/w to $1,080/st, both at eight-month highs.
Our plate index rose $20/st w/w to $1,055/st, the highest measure seen in over five months.
SMU’s price momentum indicator remains at 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: $910–960/st, averaging $935/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.
Hot-rolled lead times range from 4–9 weeks, averaging 6.1 weeks as of our Jan. 8 market survey.
Cold-rolled coil: $1,080–1,120/st, averaging $1,100/st
The lower end of our range is up $20/st w/w, while the top end is unchanged. Our overall average is up $10/st w/w.
Cold-rolled lead times range from 6–10 weeks, averaging 7.6 weeks through our latest survey.
Galvanized coil: $1,020–1,100/st, averaging $1,060/st
Our entire range is unchanged w/w.
Galvanized .060” G90 benchmark: SMU price range is $1,098–1,178/st, averaging $1,138/st FOB mill, east of the Rockies.
Galvanized lead times range from 6-10 weeks, averaging 7.4 weeks through our latest survey.
Galvalume coil: $1,050–1,110/st, averaging $1,080/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 $1,404–1,464/st, averaging $1,434/st FOB mill, east of the Rockies.
Galvalume lead times range from 6–10 weeks, averaging 8 weeks through our latest survey.
Plate: $1,010–1,100/st, averaging $1,055/st
Our entire range is up $20/st w/w.
Plate lead times range from 5–7 weeks, averaging 6.4 weeks through our latest survey.
