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 | 1,035 | 1,050 | 1,065 |
| 2 | CR | 1,160 | 1,190 | 1,220 |
| 5 | GI | 1,140 | 1,180 | 1,220 |
| 6 | AZ | 1,160 | 1,190 | 1,220 |
| 7 | PL | 1,160 | 1,185 | 1,210 |
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
Price: USMC review a chance to rebalance trade, fix auto/truck S232 program
Core to the negotiations will be the need for a fundamental rebalancing of the relationship between the United States, Mexico, and Canada – especially when it comes to the steel and autos supply chain.
Community Chat: Contractors still optimistic, but less so than a year ago
The construction market is seeing activity from data centers and the energy infrastructure to support them. But other factors are dragging the sector down: The Iran war is spiking inflation; tariffs are driving up material costs; and immigration crackdowns are hurting labor.
Apparent steel supply slipped in February
Apparent steel supply declined 3% from January to February to the third-lowest rate recorded in the past two years, just 5% above the near-five-year low set last November.
Commerce foresees heavy dumping recurring in NOES sunset review
The Commerce Department has determined that allowing anti-dumping and countervailing duties on non-oriented electrical steel (NOES) imports from a handful of countries to expire would result in continued dumping and subsidization at significant levels.
Rocky Mountain Steel inks 7-year deal with Union Pacific Railroad
Rocky Mountain Steel Mills has signed a new seven-year contract with Union Pacific Railroad for the domestic production of steel rails.
AMU: What Toyota’s $1B US investment could mean for aluminum
Toyota Motor Corp.’s $1 billion investment in its Kentucky and Indiana plants aims to expand production of aluminum-intensive vehicles, particularly across high-volume models and future battery electric platforms.
US, Canadian weekly rig counts continue to decline
The US and Canadian oil and gas rig counts inched lower this past week, according to the latest Baker Hughes data.
Plate sources say uncertain market conditions persist
Factors like fluctuating demand, import availability, domestic product lead times, fuel surcharges, and end-user consumption left plate sources feeling unsettled.
The SMU Community
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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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