Interactive Pricing Tool – Steel and Scrap Prices
View current SMU market prices for hot rolled, cold rolled, galvanized, Galvalume, plate, and various scrap products.
Explore our steel prices
Each week, we gather insights from steel buyers nationwide and use our proprietary survey to provide members with high, low, and average spot market prices for hot-rolled, cold-rolled, galvanized, Galvalume, and plate steel. Stay informed with the latest market pricing trends
Steel scrap prices
Access the latest ferrous scrap prices. We track prices for busheling, heavy melt, and shredded scrap. See high, low, and average prices to stay up to speed with market trends
IOSCO-compliant prices
An independent auditor has found that all of SMU’s sheet, plate, and scrap prices adhere to International Organization of Securities Commissions (IOSCO) principles. The result: Pricing you can trust to make confident decisions
Flat-Rolled Steel Prices
SMU price ranges and indices for hot rolled, cold rolled, galvanized, Galvalume, and plate steel.
| wdt_ID | Product | Low | Avg | High |
|---|---|---|---|---|
| 1 | HR | 990 | 1,005 | 1,020 |
| 2 | CR | 1,110 | 1,140 | 1,170 |
| 5 | GI | 1,070 | 1,110 | 1,150 |
| 6 | AZ | 1,110 | 1,135 | 1,160 |
| 7 | PL | 1,090 | 1,115 | 1,140 |
Raw Material Prices
Monitor iron ore, coking coal, pig iron, scrap, zinc, and aluminum costs with insights and summary tables.
Hot Rolled Futures
HRC futures allow market participants to hedge future steel prices and reduce exposure to spot price volatility.
Busheling Scrap Futures
Busheling scrap futures enable hedging and margin management, stabilizing costs amid spot volatility.
Price Estimator
Calculate the theoretical prime price for any specific gauge, width, quality and coating weight steel product.
Steel Pricing Momentum
Track short-term steel pricing trends with directional arrows showing expected flat-rolled and plate movements.
Price Methodology
Learn how SMU determines price indices, with transparency on our data collection, compliance, and calculations.
Latest news
Plate sources eye imports, cite domestic supply concerns
Plate sources say they’re welcoming imports as domestic mill delivery delays, extended lead times, and climbing prices make fully adopting US-produced plate products unrealistic.
AMU: Pace closes Harrison die casting plant, removing source of casting capacity and scrap
Pace Industries plans to close its die casting facility in Arkansas., eliminating about 178 jobs and removing a sizable aluminum and zinc casting operation from the regional supply chain.
Oil and gas drilling slows in Canada, ticks higher in US
Oil and gas drilling continued to slow in Canada but remained steady in the US this past week.
Price gap between US CR, most imports narrows
Cold-rolled (CR) coil prices ticked up in the US this week, matching a similar trend seen in most offshore markets as well.
Ferrous scrap market chatter this month
Market participant comments from this month’s SMU Ferrous Scrap Survey.
Oregon Steel and SSAB aim to push plate prices higher
Oregon Steel Mills and SSAB Americas announced higher plate prices to close out the week.
SMU Scrap Survey: Current Sentiment ticks up, Future Sentiment flat
SMU’s Current Sentiment Index for scrap inched up in March, according to the latest data from our ferrous scrap survey. Meanwhile, the Future Sentiment Index remained locked at the same level for the fourth consecutive month.
Mexico suspends import activity for 350 steel companies, begins bilateral USMCA talks with US
Mexico’s Secretary of Economy is conducting ‘Operation Clean-Up,” inspecting suspicious steel companies to verify compliance with rules of origin.
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Aluminum Market Update
AMU brings expert perspectives, proprietary data, and news analysis to businesses across the aluminum and nonferrous scrap markets
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