Category: Sheet

The Association of Cold Rolled Specialty Steel (ACRSS) officially responds to the formal investigation Mexico opened into cold-rolled steel imports from the US

We are happy to share that the SMU Price Estimator Tool is now a little easier to navigate.

The price gap between US hot-rolled coil (HR) and landed offshore product continues to narrow toward parity.

Steel market chatter this week: Buyers predict prices to continue rising from here, report steady to improving demand, and most see tariffs as unhelpful.

Algoma Steel announced on Thursday a price increase for coil and plate products, effective immediately.

After falling to a multi-year low in March, the premium galvanized coil commands over hot-rolled (HR) coil has widened in recent months.

SMU’s sheet price indices continued to climb this week, while plate held steady, all at multi-year highs.

Domestic raw steel output remains within reach of a multi-year high, per AISI figures.

Nucor announced on Monday, June 1, that its consumer spot price (CSP) for hot-rolled coil will be $1,105 per short ton (st) for the week, up $10/st from last week.

Stronger for longer sentiment remains in the house when it comes to flat-rolled steel prices, according to SMU’s latest steel market survey.

Participants in the hot-rolled coil spot market revealed that growing discomfort with current market dynamics hasn't deterred them from conducting spot transactions.

U.S. Steel (USS) has revised their galvanized and Galvalume coating extras higher effective Aug. 2, 2026.

Steel imports could become even more prohibitive, facing even higher tariffs, pending the outcome of the Trump administration’s Section 301 investigation.

SMU’s latest steel buyers market survey results are now available on our website to all premium members.

Steel mill lead times remain at or near multi-year highs for all sheet and plate products.

This week we saw low negotiation rates across all products, with coated and plate products slightly more negotiable than hot rolled and cold rolled.

Volume, which is usually a big positive for buyers in price negotiations, has arguably become a net negative.

Sheet and plate price indices increased between $5-20 per short ton (st) from last week.

SMU’s Mill Order Index (MOI) eased marginally in April, losing some momentum after moving higher in March.

JSW Steel USA CEO Rob Simon will join Steel Market Update (SMU) for a Community Chat on Wednesday, June 3, at 11 am ET.

Nucor announced on Tuesday, May 26, that its consumer spot price (CSP) for hot-rolled coil will be $1,095 per short ton for the week, up $5/st from last week.

The tin mill trade case brought by U.S. Steel and the United Steelworkers is moving forward after a key vote.

In my previous column on April 23, I posed a question: whether supply can respond sufficiently under current conditions. Since then, the US HRC futures curve has continued to move higher and further out.

Earlier this week, SMU polled steel buyers on an array of topics, ranging from market prices, demand, and inventories to tariffs, imports, and evolving market events.

Sheet prices continue to rise in a market that remains characterized by extremely limited spot availability, solid demand, long lead times, and the lowest sheet inventories since May 2021.

Trading-company sentiment in the May 15 SMU flat-rolled steel buyers survey shows a market split between anecdotal optimism and numerical decline.

The Commerce Department's International Trade Administration recently concluded several administrative reviews of the anti-dumping and countervailing duties (AD/CVDs) on various steel imports. The reviews resulted in the following duty adjustments.

Domestic raw steel production ticked up to the highest weekly output rate recorded since March 2020, according to recently published American Iron and Steel Institute (AISI) data.

Apparent steel supply surged 11% from February to March, recovering from one of the lower rates recorded in recent years to one of the higher ones.

Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1,090 per short ton, up $10/st from last week.