Prices
The only industry source providing price ranges for steel and scrap products — plus an interactive pricing tool, coverage of steel futures markets, raw material pricing, and price momentum indicators.
Trusted steel and scrap prices
Access SMU price indices for steel and scrap products with ease. Create custom charts with our interactive pricing tool. You can also use our price estimator to calculate theoretical prices for any gauge, width, quality, or coating weight
An array of proprietary products
Explore our proprietary steel market insights. Key features include service center inventories, flat rolled lead times, steel buyers’ sentiment indices, mill negotiation rates, and more. Access everything you need to track market momentum and make informed decisions
The pulse of the flat-rolled steel and scrap markets
Steel Market Update delivers trusted news, pricing, and proprietary leading indicators to help you make timely business decisions with confidence – all conveniently delivered to your inbox
Contribute to our surveys and make your voice count
Your feedback helps us deliver clearer market insights, more dependable pricing, and valuable data that benefits the entire industry. And the results will help you keep your finger on the pulse of the steel industry
Proprietary Data
Explore our service center inventories data, lead times, Steel Buyers’ Sentiment Indices, mill negotiability rates, and more.
Market Reports
Comprehensive market reports combining steel and scrap survey results, detailed product coverage, and insights by market sector.
Trade Data
Detailed US trade data covering mill trade cases, steel import and export activity, and our analysis of apparent steel supply.
Mill Data
Up-to-date steel mill data, including price increases, furnace status, coating extras, and new capacity developments
Resource Library
SMU provides tools and resources to build your knowledge and understanding of the flat-rolled steel industry.
Latest news
International Resources Holding may acquire Duferco trading division: Report
International Resources Holding (IRH) fund, an Emirate enterprise, is rumored to be discussing the purchase of Duferco International Trading Holding (DITH), according to the Swiss-based daily, La Regione.
Nucor increases HR spot price by $5/ton
Nucor increases HR spot price by $5/ton
Final Thoughts
Most steel buyers think that steel prices will continue to rise into the 2026. But they don’t see the kinds of big gains that have characterized past market upturns, according to the results of SMU’s latest steel market survey.
Leibowitz: Is the China truce real or a Band-Aid?
US President Donald Trump and Chinese President Xi Jinping on Thursday had a much-anticipated meeting. Is it only a hiatus in the trade war, or did it really change the situation? I suspect the former, I but hope for the latter.
Brazil pig iron market activity picks up
The pig iron market in Brazil saw some activity last week that could present some additional options to producers there, but at lower price levels.
Nucor targets ‘white hot’ data center boom
With infrastructure demand shifting toward digital capacity, Nucor Corp. is positioning itself as the go-to steel supplier for the data center boom.
Gerdau’s N. American earnings rise in Q3 due to fall in imports
Gerdau’s North American profits rose in the third quarter, boosted by a decline in imports due to Section 232 steel tariffs.
Monday: New SMU website and expected downtime
The Steel Market Update website will be temporarily unavailable on Monday, Nov. 3, from approximately 4:00–8:00 a.m. Eastern Time.
The SMU Community
Connect with our unique, collaborative network of industry experts to forge new connections and drive your business forward
Smarter steel decisions start here
Get ahead of the curve with our actionable insights, in‑depth news, and exclusive market data. Choose from a range of subscription options and group sizes to find what fits your business best
Aluminum Market Update
AMU brings expert perspectives, proprietary data, and news analysis to businesses across the aluminum and nonferrous scrap markets
Connect your brand to our Community
Discover how SMU can help you promote your products, services, or company. Consider advertising in our publications or sponsoring and exhibiting at our events and webinars