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    May 3, 2026

    Oregon Steel Mills aims to hike plate prices by $60/ton

    Written by David Schollaert

    Oregon Steel Mills (OSM) on Friday announced efforts to increase plate prices.

    The Portland, Ore.-based company is attempting to push spot plate prices up by at least $60 per short ton (st).

    OSM told customers on May 1 that the increase would be effective immediately with all new orders. The price hike applies equally to all carbon, HSLA, hot-rolled coil, normalized, and quenched and tempered products, the company said.

    OSM has attempted to increase plate prices by roughly $360/st since September, according to SMU’s mill price announcement calendar.

    SMU’s plate price assessment stood at $1,215/st on average as of Tuesday, April 28. Plate prices are up $25/st w/w and now stand at their highest levels in two years.

    We will next update plate prices on Tuesday afternoon.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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