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    July 15, 2026

    Oregon Steel Mills aims to increase plate prices by $60/ton, again

    Written by David Schollaert

    Oregon Steel Mills (OSM) on Tuesday evening 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 July 14 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 $420/st since September, according to SMU’s mill price announcement calendar.

    SMU’s plate price assessment averaged $1,350/st as of Tuesday, July 14. Plate prices are up $15/st w/w and now stand at their highest levels in over two years.

    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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