Steel Market Update produces price assessments on the following flat rolled products: hot rolled coil, cold rolled coil, galvanized coil and Galvalume coil. Each week we speak with our steel buying sources across the country and we use our proprietary steel market survey in order to provide our members with the range of prices available for that week. We produce a "high" number, "low" number and then the "average" price for each product.
SMU also measures scrap prices on a weekly basis as well. We index #1 Heavy Melt Scrap (HMS), shredded scrap and #1 busheling scrap in the Midwest markets.
Not only will your Membership allow you to view current real time prices, but members can also view weekly, monthly, and yearly averages. Our proprietary Interactive Pricing Tool will even enable you to compare value averages and products side by side and overlay other data on top of a selected price series. Steel Market Update is your trusted source for market pricing of flat rolled steel products. Click on the video tutorial below for the complete overview or explore our public pricing graph below.
To use our interactive pricing tool, go to the 'Pricing' section of our menu and click the 'Steel Prices' tab.