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 | 990 | 1,005 | 1,020 |
| 2 | CR | 1,110 | 1,155 | 1,200 |
| 5 | GI | 1,100 | 1,125 | 1,150 |
| 6 | AZ | 1,110 | 1,135 | 1,160 |
| 7 | PL | 1,090 | 1,145 | 1,200 |
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
Algoma scales back coil production as losses mount
Algoma Steel Inc. added to its mounting losses during the fourth quarter. Sales and shipments plummeted as ongoing trade tensions between Canada and the US force the Sault Ste. Marie, Ontario-based steelmaker to reconfigure its entire business model.
Final Thoughts
Sometimes it feels like current events are like a fireworks show that got set off all at once by mistake. In all the commotion, it’s hard to know where to look… or where to run.
SMU Price Ranges: Sheet and plate flat or up as tight market keeps pricing power with mills
SMU’s sheet and plate prices were flat or higher this week in a US market that remains characterized by extended lead times and limited spot availability.
Reliance subsidiary secures big defense contracts
Reliance Inc. announced two big US government contract wins from its wholly-owned subsidiary AMI Metals Inc.
Worthington decreases mandatory share threshold for Kloeckner buy
Worthington Steel reduced its minimum acceptance threshold to 57.5% for its purchase of Kloeckner & Co.
Commerce review finds continued dumping of Mexican pipe and tube
An administrative review of the anti-dumping duty (AD) order on heavy-walled rectangular pipe and tube from Mexico has found evidence of continued dumping by Mexican companies.
CRU: Middle East Conflict – The impact on metallurgical coal and iron ore
This CRU insight demonstrates how the conflict in Middle East supports metallurgical coal prices and iron ore will be impacted by a potential decline in demand from China and rising costs, while the pellet market will be severely disrupted.
US scrap tags land sideways in March, outlook for April soft
The US scrap market softened in March as most grades traded sideways, with prices seen falling next month, sources told SMU.
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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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