Tag: Galvanized

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.

The galvanized steel market is navigating price increases and longer lead times with a surer footing than in prior months.  

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.

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

AZZ Inc. posted on its website that it had temporarily closed more than half a dozen locations in response to the extremely cold weather gripping much of the US.

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.

The majority of SMU’s sheet and plate price indices rose this week, with multiple products climbing to new multi-month highs

AZZ Inc. posted record sales in its fiscal third quarter, driven by strong hot-dip galvanizing and coil coating demand tied to infrastructure, energy transition, and data center construction.

Mill spot price negotiation rates have tumbled across all products SMU tracks, according to our latest survey data.

The US Department of Commerce has officially published the anti-dumping and countervailing duty orders on corrosion-resistant steel sheet imports, the final step in the trade case originally filed more than a year ago. At the same time, Commerce also revealed it is allowing some CORE imports into the country without paying the AD or CVDs.

US Midwest sheet prices continued to rise alongside continued mill prices increases as lead times remained extended.

Worthington Steel executives emphasized on an earnings conference call on Thursday that the company’s standout fiscal Q2 performance came from capturing new automotive business, with direct automotive shipments rising 26% year over year.

Following last week’s pause, SMU’s price indices were overall steady to higher this week, holding at or near multi-month highs.

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

SMU’s sheet and plate prices took a breather this week, holding relatively steady at multi-month highs.

NLMK has revised their galvanized and galvanneal coating extras effective January 2026.

All of SMU’s sheet price indices rose this week, climbing to new multi-month highs. At the same time, our plate index held steady.