SMU Price Ranges: Sheet moves higher, plate stable

SMU’s sheet price indices continued to climb this week, while plate held steady, all at multi-year highs. This marks the 19th consecutive week that our price indices have held steady or increased. All products are between $30-70/st higher than they were one month ago.

Sources continue to report tight spot availability and say that mills are becoming more aggressive on coated pricing. Low inventories, mill outages, and long lead times continue to pressure supply.

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.