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 | 1,070 | 1,090 | 1,110 |
| 2 | CR | 1,230 | 1,260 | 1,290 |
| 5 | GI | 1,200 | 1,240 | 1,280 |
| 6 | AZ | 1,210 | 1,255 | 1,300 |
| 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
Final Thoughts: Iran war takes a bite out of business
We look at how SMU survey respondents are seeing the effects of Trump’s tariffs and the Iran war on business.
SMU Price Ranges: Few signs of a peak with demand strong and spot tons scarce
Sheet prices continue to rise in a market that remains characterized by extremely limited spot availability, solid demand, long lead times, and the lowest sheet inventories since May 2021.
Ferrous scrap mart poised for sideways move in June?
SMU spoke with several market players around the country regarding the ferrous scrap market in June, with many sources seeing next month as broadly sideways.
SMU Survey: Steel buyers report mixed signals on import demand
Trading-company sentiment in the May 15 SMU flat-rolled steel buyers survey shows a market split between anecdotal optimism and numerical decline.
Commerce adjusts AD/CVDs on various steel products
The Commerce Department’s International Trade Administration recently concluded several administrative reviews of the anti-dumping and countervailing duties (AD/CVDs) on various steel imports. The reviews resulted in the following duty adjustments.
AISI: Raw steel production inches up to 6-year high
Domestic raw steel production ticked up to the highest weekly output rate recorded since March 2020, according to recently published American Iron and Steel Institute (AISI) data.
AMU: Union workers reach tentative agreement with Arconic on 3-year contract
This piece was first published by Aluminum Market Update (AMU), SMU’s nonferrous sister publication. To learn about AMU, visit their website or sign up for a free trial. The United Steelworkers (USW) union on May 16 reached a tentative agreement with Arconic on a three-year master agreement covering workers at four facilities. The next step: Each local union—at Alcoa, Tenn.; […]
Nucor Plate Group keeps fuel surcharge at $10/ton for June
Nucor Plate Group will maintain its previously announced fuel surcharge of $10 per short ton for next month, effective on all shipments beginning June 1.
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