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 | 1,180 | 1,200 | 1,220 |
| 2 | CR | 1,420 | 1,440 | 1,460 |
| 5 | GI | 1,400 | 1,430 | 1,460 |
| 6 | AZ | 1,400 | 1,430 | 1,460 |
| 7 | PL | 1,360 | 1,395 | 1,430 |
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.
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 Methodology
Learn how SMU determines price indices, with transparency on our data collection, compliance, and calculations.
Latest news
USW: Cliffs and union remain at odds as Sept. 1 deadline nears
The United Steelworkers (USW) union and Cleveland-Cliffs remain at an impasse on key issues, the union said in an update to members on Friday.
USW: Union and USS still ‘very far apart’ ahead of Sept. 1 deadline
The United Steelworkers (USW) union said it remains “very far apart” with U.S. Steel on the terms of a new labor contract.
PMA: August survey signals sentiment shift in the metalforming sector
The August Business Conditions Report issued by the Precision Metalforming Association (PMA) found that North American sentiment improved markedly in August.
Steel Summit: Panelists weigh in as trade issues affect the industry
Panelists on the trade panel at SMU Steel Summit 2026 reflect on issues affecting the industry.
Steel Summit: Data centers support steel demand as project pipeline lengthens
Data center construction is supporting US nonresidential construction activity and steel demand, according to Eric Gaus of Dodge Construction Network.
US rig count holds near multi-month high, Canada slips
Baker Hughes’ latest data shows US oil and gas drilling activity was steady this week at a multi-month high, while activity slowed slightly in Canada.
AMU Summit: Automotive aluminum demand shifts across key product groups
Automotive aluminum demand is rising as extrusions, sheet, and castings gain ground across vehicle applications and powertrains.
CRU: US market boom continues due to data centers and electrification
Americas wire and cable demand held firm through H1 2026, as data center and energy infrastructure buildouts, driven by wider electrification and power supply investments, more than offset weakness in traditional construction sectors such as residential
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