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 | 1,130 | 1,165 | 1,200 |
| 2 | CR | 1,330 | 1,365 | 1,400 |
| 5 | GI | 1,340 | 1,375 | 1,410 |
| 6 | AZ | 1,340 | 1,380 | 1,420 |
| 7 | PL | 1,300 | 1,350 | 1,400 |
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
SMU Steel Summit 2026: Can’t-miss exclusive interviews
We’re officially less than 30 days from the kick-off of SMU Steel Summit 2026 in Atlanta.
Price: Setting the record straight on steel as the summer of trade heats up
The busy summer for US trade, which we wrote about previously, is heating up with new Section 301 forced labor duties of 10-12.5% imposed on 60 countries and new Section 338 duties of 50% announced on certain Canadian imports.
HR sources report stability, imports improve availability for some
Sources across the hot-rolled coil spot market said it was somewhat easier to find spot HR, at moderately shorter lead times, and at stable prices in recent days.
AMU Survey: Recyclers turn more cautious
AMU’s July survey found recyclers expecting lower prices as demand softened, while forward scrap supply views remained mixed.
Commerce modifies duties on Korean CR, galvanized sheet
The US Department of Commerce is adjusting the import duties on Korean cold-rolled and galvanized steel after two administrative reviews.
Reliance lauds US reshoring investments
Reliance Inc said that US government industrial policies contributed to its second-quarter financial success.
GrafTech narrows Q2 loss, expects ‘modest’ graphite electrode demand growth
GrafTech International’s net loss narrowed in the second quarter as the company expects a modest increase in demand for graphite electrodes in 2026.
Reliance finds competitive advantage amid suboptimal market conditions
Strong steel prices and elevated interest rates may be reshaping the competitive landscape among metals distributors.
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