Plate
February 17, 2026
SMU Price Ranges: Cold rolled and coated move higher, hot rolled and plate flat
Written by Brett Linton
Three of SMU’s price indices increased this week, while two remained steady, all holding at multi-month highs.
Sheet prices have all increased $25-30 per short ton (st) in the last month, having gradually risen since September. Plate is up $5/st from month-ago levels. Other than a moderate bump in early January, it has held relatively steady since November.
Our hot-rolled coil index held steady this week at a two-year high of $975/st. Cold rolled edged up $5/st to $1,130/st, levels last seen in April 2025.
Each of our coated prices increased to 10-month highs; galvanized rose $15/st week over week (w/w) to $1,095/st, and Galvalume increased $10/st to $1,125/st.
Plate remained unchanged for the second week in a row a $1,055/st, a six-month high.
SMU’s price momentum indicator continues to point to higher for both sheet and plate products, signaling that we expect prices to increase further in the short term.
Refer to Table 1 (click to enlarge) for our latest price indices and trends.
Hot-rolled coil: $960–990/st, averaging $975/st
The lower end of our range is up $10/st w/w, while the top end is down $10/st. Our overall average is unchanged w/w.
Hot-rolled lead times range from 5–7 weeks, averaging 5.9 weeks as of our Feb. 4 market survey. We will publish updated lead times on Thursday.
Cold-rolled coil: $1,100–1,160/st, averaging $1,130/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.
Cold-rolled lead times range from 6–9 weeks, averaging 7.3 weeks through our latest survey.
Galvanized coil: $1,050–1,140/st, averaging $1,095/st
The lower end of our range is up $30/st w/w, while the top end is unchanged. Our overall average is up $15/st w/w.
Galvanized .060×48” G90 benchmark: SMU price range is $1,140–1,230/st, averaging $1,185/st FOB mill, east of the Rockies.
Galvanized lead times range from 5-9 weeks, averaging 7.0 weeks through our latest survey.
Galvalume coil: $1,090–1,160/st, averaging $1,125/st
Our entire range is up $10/st w/w.
Galvalume .0142×42” AZ50, grade 80 benchmark: SMU price range is $1,519–1,589/st, averaging $1,554/st FOB mill, east of the Rockies.
Galvalume lead times range from 6–9 weeks, averaging 7.7 weeks through our latest survey.
Plate: $1,030–1,080/st, averaging $1,055/st
Our range is unchanged w/w.
Plate lead times range from 5–8 weeks, averaging 6.2 weeks through our latest survey.
