SMU Price Ranges: Sheet and plate markets tick higher

Each of SMU’s sheet and plate price indices climbed higher this week, with some products rising to multi-year highs. Sheet prices increased between $10-20 per short ton (st) from last week, while plate inched up $5/st. Prices are between $30-95/st higher than they were one month ago.

Supply remains tight, with buyers reporting limited mill availability alongside tightening inventories. Our editor in chief Michael Cowden explored this further in the Sunday Final Thoughts.

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.