SMU Price Ranges: Sheet and plate markets continue to tick higher

All five of SMU’s sheet and plate price indices ticked higher this week, rising further to new multi-year highs. Prices increased between $5-25 per short ton (st) from last week and are $30-65/st higher than they were one month ago.

Our hot-rolled sheet index inched up $5/st week over week (w/w) to $1,080/st, the highest recorded in over three years. Meanwhile, cold rolled jumped $25/st w/w to $1,255, the highest it has been since January 2024.

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.