Category: Sheet

Sheet market participants said conditions this week were more stable than in past weeks, but they remain cautiously optimistic overall.   

Flat-rolled steel prices inched upward again this week as mixed demand appeared to be offset by limited supplies.

Steel imports remain weak in November and December according to recently released final US Commerce Department data. Many of the sheet and plate products we follow slipped to multi-year lows.

Participants in the hot- and cold-rolled coil markets said winter storms in the East and Midwest may disrupt weekly order volumes and prices.  

The price gap between US hot-rolled coil and landed offshore product inched higher, even as prices stateside and abroad mostly moved in tandem vs. last week.

Sheet prices mostly continued their uneven but steady march higher this week, according to SMU’s latest check of the market.

AZZ Inc. posted on its website that it had temporarily closed more than half a dozen locations in response to the extremely cold weather gripping much of the US.

Nucor’s consumer spot price (CSP) for hot-rolled coil increased to $965 per short ton (st), up $5/st vs. the prior week.

A report on the sheet market this week.

Steel mill lead times held steady on most products this week following the surge seen in early January, according to responses from SMU’s latest market survey

The price gap between US hot-rolled coil (HR) and landed offshore product has been relatively flat to begin the year.

SMU’s sheet price indices climbed to new multi-month highs this week, while plate prices marginally declined.

Nucor’s consumer spot price (CSP) for hot-rolled coil increased to $960 per short ton (st), up $10/st vs. the prior week.

US service centers’ flat-rolled steel supply recovered in December, after trending lower from September to November.

Though they’re hopeful, domestic sheet market sources didn’t share a bullish outlook on the market this week.

The opening weeks of 2026 are revealing a subtle but important change in the HRC futures market, as tightening physical conditions begin to exert greater influence over pricing dynamics.

The volume of steel shipped outside of the country increased 11% from September to October 2025 to a seven-month high of 662,000 short tons (st), according to recently released data from the US Department of Commerce.

The galvanized steel market has kicked off the year with a firmer tone, marked by rising prices, lengthening lead times, and a noticeable shift in buyer sentiment. Service centers and distributors on HARDI’s latest sheet metal and coil handling council call described a market that is not overheating but steadily tightening.

The majority of SMU’s sheet and plate price indices rose this week, with multiple products climbing to new multi-month highs

Nucor’s consumer spot price (CSP) for hot-rolled coil remains unchanged at $950 per short ton (st) for the fourth consecutive week.

Steel mill lead times increased for both sheet and plate products this week, according to responses from SMU’s latest market survey.

Sources in the domestic hot-rolled sheet market say they are standing by for an uptick in customer demand. These service center market participants, located in various regions of the US, expect to handle an influx of customer orders this month. 

AZZ Inc. posted record sales in its fiscal third quarter, driven by strong hot-dip galvanizing and coil coating demand tied to infrastructure, energy transition, and data center construction.

Mill spot price negotiation rates have tumbled across all products SMU tracks, according to our latest survey data.

Steel sheet and plate prices rose across the board to start the year on limited spot availability at some mills, expectations of higher scrap prices, and hopes of stronger demand in 2026.

Majestic Steel USA announced that Chad Broyles will now be the Executive Vice President for its business operations unit. The Cleveland-headquartered flat-rolled steel distributor and processor expects Broyles to help Majestic align its commercial and operational priorities. As EVP, Broyles will oversee service center operations, according to the company’s Jan. 5 statement. Todd Leebow, president and CEO of Majestic Steel USA, noted that since joining Majestic in 2025 Broyles’ has been a valuable contributor to its […]

Nucor kept its consumer spot price (CSP) for hot-rolled coil unchanged at $950 per short ton (st) for a third week.

Nucor kept its consumer spot price (CSP) for hot-rolled coil unchanged at $950 per short ton (st).

The US Department of Commerce has officially published the anti-dumping and countervailing duty orders on corrosion-resistant steel sheet imports, the final step in the trade case originally filed more than a year ago. At the same time, Commerce also revealed it is allowing some CORE imports into the country without paying the AD or CVDs.

Nucor raised its weekly hot-rolled coil spot list price by $10 per short ton (st) this week, marking the company's ninth consecutive increase.