Steel Products Prices North America

SMU Price Ranges & Indices: Hot Rolled, Galvanized Flat

Written by Brett Linton

March 19, 2019

Flat rolled and plate steel prices saw relatively little movement over the past week. Steel Market Update leaves its hot rolled and galvanized prices unchanged, with small declines reported in cold rolled, Galvalume and plate.

Here is how we see prices this week:

Hot Rolled Coil: SMU price range is $690-$720 per ton ($34.50/cwt-$36.00/cwt) with an average of $705 per ton ($35.25/cwt) FOB mill, east of the Rockies. Both the lower and upper ends of our range remained the same compared to one week ago. Our overall average is unchanged compared to last week. Our price momentum on hot rolled steel is now Higher, meaning we anticipate HRC spot prices to rise over the next 30 days.

Hot Rolled Lead Times: 3-6 weeks

Cold Rolled Coil: SMU price range is $790-$840 per ton ($39.50/cwt-$42.00/cwt) with an average of $815 per ton ($40.75/cwt) FOB mill, east of the Rockies. The lower end of our range fell $10 per ton compared to last week, while the upper end remained unchanged. Our overall average is down $5 per ton compared to one week ago. Our price momentum on cold rolled steel is now Higher, meaning we expect prices to rise over the next 30 days.

Cold Rolled Lead Times: 5-8 weeks

Galvanized Coil: SMU base price range is $40.50/cwt-$43.50/cwt ($810-$870 per ton) with an average of $42.00/cwt ($840 per ton) FOB mill, east of the Rockies. Both the lower and upper ends of our range remained the same compared to one week ago. Our overall average is unchanged compared to last week. Our price momentum on galvanized steel is now Higher, meaning we expect prices to rise over the next 30 days.

Galvanized .060” G90 Benchmark: SMU price range is $888-$948 per net ton with an average of $918 per ton FOB mill, east of the Rockies.

Galvanized Lead Times: 5-8 weeks

Galvalume Coil: SMU base price range is $40.50/cwt-$43.00/cwt ($810-$860 per ton) with an average of $41.75/cwt ($835 per ton) FOB mill, east of the Rockies. The lower end of our range declined $20 compared to last week, while the upper end fell $10 per ton. Our overall average is down $15 per ton compared to one week ago. Our price momentum on Galvalume steel is now Higher, meaning we expect prices to rise over the next 30 days.

Galvalume .0142” AZ50, Grade 80 Benchmark: SMU price range is $1,101-$1,151 per net ton with an average of $1,126 per ton FOB mill, east of the Rockies.

Galvalume Lead Times: 6-7 weeks

Plate: SMU price range is $970-$1,000 per ton ($48.50/cwt-$50.00/cwt) with an average of $985 per ton ($49.25/cwt) FOB delivered to the customer’s facility. The lower end of our range fell $10 per ton compared to one week ago, while the upper end remained unchanged. Our overall average is down $5 per ton compared to last week. Our price momentum on plate steel is Neutral, meaning we expect prices to remain steady over the next 30 days.

Plate Lead Times: 5-8 weeks, allocation/controlled order entry

SMU Note: Below is a graphic showing our hot rolled, cold rolled, galvanized, Galvalume and plate price history. This data is available here on our website with our interactive pricing tool. Note that plate prices are not yet available on our website, but we are in the process of adding that dataset. If you need help navigating the website or need to know your login information, contact us at info@SteelMarketUpdate.com or 800-432-3475.

Brett Linton

Brett Linton is a senior analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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