Tag: Galvalume

Steel mill lead times continue to hold at or near multi-year highs for both sheet and plate products, territory they have been in two months.

Each of SMU’s sheet and plate price indices climbed higher this week, with all products rising further to new multi-year highs.

Each of SMU’s sheet and plate price indices climbed higher this week, with most products rising further to new multi-year highs

Sheet and plate prices increased yet again this week on an increasingly tight spot market. It's gotten so tight that some market participants say they're becoming more concerned about availability than about price.

Sheet and plate prices continued to hold steady or tick upward once again this week. And the factors behind the gains are familiar ones: limited spot tonnage, stable demand, limited import competition, and outages (planned or otherwise) at domestic mills.

Steel mill production times for sheet and plate products remain at or near multi-year highs, according to buyers responding to our latest market survey.

Most steel buyers report that mills are not willing to negotiate on new order spot prices, according to our latest market survey. Mill negotiability is now down to one of the lowest rates measured in over a year.

The Commerce Department has launched another duty circumvention inquiry targeting coated steel imports at the request of two US mills.

Sheet and plate prices were flat or modestly higher this week, continuing a trend we’ve seen since the beginning of Q4. The big question: How much longer can the trend hold?

The US Department of Commerce has launched two trade investigations to determine if certain corrosion-resistant (CORE) steel imports are being transshipped through Indonesia to avoid paying anti-dumping and countervailing duties (AD/CVDs).

The galvanized sheet market continued to tighten in March as distributors and service centers reported firm demand, low inventory levels, and rising transportation costs. Participants on the monthly HARDI sheet metal and air-handling call on Wednesday described a market defined by constrained supply and steady upward pricing pressure.

The pace of sheet and plate price increases slowed this week, with most products holding at some of the highest levels seen in over a year.

Most steel buyers report that domestic mills are unwilling to negotiate price on new sheet and plate spot orders.

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.

Following extensions in February, steel mill lead times held steady or extended further for both sheet and plate products this week, according to buyers responding to our latest market survey.

Most steel buyers responding to our market survey this week said domestic mills remain unwilling to negotiate lower prices for new spot orders.

SMU's sheet and plate prices increased this week to new multi-month highs.

Sheet prices continue to grind higher on tight supply and 'okay' demand. Plate finally saw some movement after weeks of stability as price increases begin to stick.

Hot rolled and galvanized lead times are about half a week longer than they were three months ago, while production times for cold rolled, Galvalume, and plate products are one to two weeks longer.

Since late 2025, mills have begun to hold a firmer stance on prices, tightening their grip at the start of this year and holding on since

Three of SMU’s price indices increased this week, while two remained steady, all holding at multi-month highs.

SMU’s sheet price indices inched up to new multi-month highs this week, while plate prices held steady.

November steel exports tumbled 15% from October to the lowest monthly export rate since July 2020.

One third of the steel buyers responding to our market survey this week reported that domestic mills are negotiable on new spot order pricing. Mills began to hold a firmer stance on prices towards the end of last year, tightening their grip in early January and holding it since.

Steel mill lead times marginally declined on sheet products this week but edged higher on plate, according to responses from SMU’s latest market survey. Overall, lead times remain one to two weeks longer than levels seen three months ago.

Flat-rolled steel prices inched upward again this week as mixed demand appeared to be offset by limited supplies.

Participants in the hot- and cold-rolled coil markets said winter storms in the East and Midwest may disrupt weekly order volumes and prices.  

Sheet prices mostly continued their uneven but steady march higher this week, according to SMU’s latest check of the market.

SMU’s sheet price indices climbed to new multi-month highs this week, while plate prices marginally declined.

The galvanized steel market has kicked off the year with a firmer tone, marked by rising prices, lengthening lead times, and a noticeable shift in buyer sentiment. Service centers and distributors on HARDI’s latest sheet metal and coil handling council call described a market that is not overheating but steadily tightening.