Archives: Data Tools

The CME Group Ferrous Metals products enable commercial producers and users of these metals to lock in margins and manage price risk. This product suite consists of outrights and options.

We consult with our steel buying sources across the country and use SMU’s proprietary steel market survey about the pricing momentum on the market.

Each week we consult with our steel buying sources across the country and use SMU’s proprietary steel market survey to provide our members with the range of prices available for that week.

Hot Rolled Coil (HRC) Steel Futures are used as a hedging tool for producers and users of steel, and provide an index-based price discovery mechanism.

The SMU Price Estimator uses prime price indexes plus domestic mill extras to calculate the "average" prime price for any specific coating for hot rolled, cold rolled, galvanized and Galvalume and plate steels.

Our proprietary Interactive Pricing Tool provides our premium members with current real-time market pricing for flat rolled steel and scrap products. The customizable graph enables you to compare multiple products and compare pricing to proprietary SMU data.