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 | 860 | 895 | 930 |
| 2 | CR | 1,040 | 1,070 | 1,100 |
| 5 | GI | 970 | 1,035 | 1,100 |
| 6 | AZ | 970 | 1,025 | 1,080 |
| 7 | PL | 990 | 1,025 | 1,060 |
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 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.
Price Methodology
Learn how SMU determines price indices, with transparency on our data collection, compliance, and calculations.
Latest news
SMU flat-rolled market survey results now available
SMU’s latest steel buyers market survey results are now available on our website to all premium members.
Final Thoughts
There was a palpable sense of optimism among folks at the HARDI conference about demand from data centers. In other words, around the physical infrastructure – which also includes energy transmission – needed to feed the AI boom. The big question: Could demand from data and AI be far stronger than the market yet realizes?
HR Futures: How long will the rally run?
After another eventful week in the steel market comes to a close, one of the most interesting developments has been timing.
SMU Survey: Lead times stabilize following November extensions
Steel mill lead times held relatively steady this week on both sheet and plate products, according to responses from SMU’s latest market survey.
Spot market hopes sheet price hikes indicate a bullish start to 2026
Participants in the domestic coil market hope producer price increases indicate strong market conditions entering the new year.
SMU Survey: Buyers report mills are less negotiable on sheet prices, more on plate
Less than half of the steel buyers who responded to our market survey this week reported that domestic mills are willing to talk price on new spot orders
Canadian government could help Algoma build two new heavy structural mills: Reports
Plans are in the works to save 500 steelworker jobs at Algoma Steel and to construct two new mills – a plate mill and a beam mill, according to various local media reports.
Brazilian pig iron market gains traction
The pig iron market in Brazil has moved up since our last report for US-bound cargoes.
The SMU Community
Connect with our unique, collaborative network of industry experts to forge new connections and drive your business forward
Smarter steel decisions start here
Get ahead of the curve with our actionable insights, in‑depth news, and exclusive market data. Choose from a range of subscription options and group sizes to find what fits your business best
Aluminum Market Update
AMU brings expert perspectives, proprietary data, and news analysis to businesses across the aluminum and nonferrous scrap markets
Connect your brand to our Community
Discover how SMU can help you promote your products, services, or company. Consider advertising in our publications or sponsoring and exhibiting at our events and webinars