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    Market Data

    SMU Price Ranges: Sheet and plate markets grind higher

    Written by Brett Linton


    SMU’s sheet and plate price indices were steady to higher this week, with all products at multi-year highs. Prices have increased by as much as $40 per short ton (st) over the past month and are up $235-320/st (25-31%) since the start of the year.

    Buyers continue to report limited spot availability, with some reporting they are receiving “no quotes” from mills on some sheet products. Ongoing extended lead times, mill outages, and low inventories continue to support the strong market.

    Brett Linton

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