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 | 800 | 830 | 860 |
| 2 | CR | 980 | 1,020 | 1,060 |
| 5 | GI | 860 | 945 | 1,030 |
| 6 | AZ | 920 | 980 | 1,040 |
| 7 | PL | 960 | 1,010 | 1,060 |
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
Final Thoughts
A history of EAF steelmaking.
SMU Price Ranges: Sheet and plate products inch higher
SMU’s sheet and plate steel prices moved higher in unison this week.
US legal, political issues rattle steel and manufacturing markets
US steel and manufacturing industries say they face a new set of uncertain market factors due to the government’s shutdown and the potential repeal of “reciprocal” tariffs.
ArcelorMittal exec upbeat on N. America
ArcelorMittal sees green shoots in North America despite tepid demand.
Steel Dynamics promotes Bell to lead OmniSource recycling ops
Steel Dynamics Inc. announced Matt Bell as the new head of the company’s metals recycling platform, OmniSource.
November scrap tags settle sideways, sources say
November ferrous scrap prices landed even with October as the market settled, sources told SMU.
JSW increases plate prices by $40/ton
JSW Steel USA aims to increase steel plate prices by at least $40/short ton.
Friedman posts record sales volume, boosted by Century Metals buy
Flat-rolled metals processor and pipe manufacturer Friedman Industries achieved record sales volume in its fiscal second quarter.
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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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