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 | 1,060 | 1,080 | 1,100 |
| 2 | CR | 1,230 | 1,255 | 1,280 |
| 5 | GI | 1,200 | 1,230 | 1,260 |
| 6 | AZ | 1,200 | 1,230 | 1,260 |
| 7 | PL | 1,210 | 1,245 | 1,280 |
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
U.S. Steel posts mixed Q1, BR2 ramp-up drives major volume gains
U.S. Steel delivered a mixed first quarter. Segment performances diverged sharply as winter weather, outage activity, and major capital projects weighed on results.
Plate sources worry over near-term supply issues, price direction
Plate market participants wonder how plate supply will hold up in coming weeks and months, sources told SMU.
Some sources called out dwindling availability of heavier grades and said certain domestic producers have “a huge backlog.” of all grades.
USS and USW convene ahead of formal contract negotiations
The United Steelworkers labor union and U.S. Steel plan to address their partnership and profit-sharing agreement during the week of May 11.
Algoma earnings tumble in Q1, tariff woes continue
Algoma Steel’s loss widened in the first quarter as tariffs and the EAF transition impacted its bottom line.
Final Thoughts: Summer scrap primer
What might be in store for the ferrous scrap market this summer?
SMU Price Ranges: Sheet and plate markets continue to tick higher
All five of SMU’s sheet and plate price indices ticked higher this week, rising further to new multi-year highs. Prices increased between $5-25 per short ton (st) from last week and are $30-65/st higher than they were one month ago.
Lutnick: USMCA could be replaced by separate deals with Mexico and Canada
US Commerce Secretary Howard Lutnick said the US should pursue separate, bilateral trade negotiations with Canada and Mexico instead of renewing the US-Mexico-Canada Agreement (USMCA).
American Axle workers at Three Rivers plant OK potential strike
American Axle (Dauch Corp.) workers in Three Rivers, Mich., have voted to authorize a strike.
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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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