SMU Price Ranges: Sheet climbs further, plate stabilizes
SMU’s sheet price indices increased further this week, while plate held steady, all at multi-year highs.
Tag: Plate
Nucor Plate Group keeps fuel surcharge unchanged for July
Nucor Plate Group will maintain its previously announced fuel surcharge of $10 per short ton for next month, effective on all shipments beginning July 1.
Steel exports tick up to 13-month high in April
US steel exports improved 2% from March to April to the highest monthly volume seen in 13 months. Although up, trade remains historically low
May service center shipments and inventories report
US service centers’ flat-rolled steel supply declined for a fourth straight month in May, with shipping days of supply slipping to 44.7 on an adjusted basis, according to SMU data.
Steel imports grow through April and May
After reaching historic lows late last year, import volumes have increased each month of 2026, according to recently released US Commerce Department data.
Plate market anticipates spot price hikes through summer
Spot market participants recently told SMU they foresee additional plate price rises for domestically made products.
SMU Survey: Sheet and plate lead times extend further
Steel mill lead times extended this week on both sheet and plate products, now at multi-year highs.
SMU Survey: Mills slightly more willing to negotiate spot prices
This week we saw continued low negotiation rates across all products, with cold rolled and plate the least negotiable and galvanized the most.
SMU Price Ranges: Sheet and plate markets strengthen
All five of SMU’s price indices increased this week to new multi-year highs. Prices have increased by 20-25% since the beginning of the year.
SSAB aims to increase plate prices by $40/ton
SSAB Americas plans to increase plate prices by at least $40 per short ton (st), according to a letter sent to customers on Monday.
SMU Community Chat: JSW USA's Simon upbeat on Baytown, Mingo Junction
Longtime steel veteran Robert Simon is excited about the transformation taking place at JSW Steel USA. And he has a rosy outlook for the rest of the year.
SMU Price Estimator Tool updated and now easier to use
We are happy to share that the SMU Price Estimator Tool is now a little easier to navigate.
Nucor aims to hike plate prices by $60/ton
Nucor on Friday announced plans to increase plate prices by $60 per short ton (st).
Algoma seeks higher tags on coil, plate products
Algoma Steel announced on Thursday a price increase for coil and plate products, effective immediately.
Plate market says, 'the heat is on,’ as prices and demand soar
Participants in the plate market doubt prices, lead times, and demand forces will cool down any time soon.
SMU Price Ranges: Sheet moves higher, plate stable
SMU’s sheet price indices continued to climb this week, while plate held steady, all at multi-year highs.
Join SMU on Wednesday for a Community Chat with JSW Steel USA
JSW Steel USA CEO Rob Simon will join Steel Market Update (SMU) for a Community Chat on Wednesday, June 3, at 11 a.m. ET.
SMU Survey: Sheet and plate lead times hold at extended levels
Steel mill lead times remain at or near multi-year highs for all sheet and plate products.
SMU Survey: Mills maintain grip on sheet and plate prices
This week we saw low negotiation rates across all products, with coated and plate products slightly more negotiable than hot rolled and cold rolled.
Extending lead times a top concern for frustrated plate buyers
Market participants report frustration with extending lead times for domestically produced plate products.
SMU Price Ranges: Sheet and plate markets tighten
Sheet and plate price indices increased between $5-20 per short ton (st) from last week.
Join SMU for a Community Chat With JSW Steel USA CEO Rob Simon
JSW Steel USA CEO Rob Simon will join Steel Market Update (SMU) for a Community Chat on Wednesday, June 3, at 11 am ET.
CRU: Import volumes remain low, keeping supply tight in the USA
US domestic steel prices continued to increase for most products as demand remained resilient amid tight supply. Domestic sheet and plate prices increased over the past month, while long products prices were mostly stable, with only structural and merchant bar prices edging up higher.
Plate sources face challenging market forces amidst strengthening demand
Domestic plate market participants named extended lead times, increased freight costs, escalating fuel surcharges, and spotty demand as their most recent challenges.
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.
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.
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.
Grupo Acerero's Q1 results boosted by momentum in plate
Grupo Acerero SA de CV posted higher shipments and stronger profitability in the first quarter of 2026.
JSW's US ops swing to profit in fiscal Q4
India-based JSW Steel’s combined US operations swung to a slight profit in its fiscal fourth quarter of 2026.
April service center shipments and inventories report
US service centers’ flat-rolled steel supply fell for a fourth straight month in April, with shipping days of supply slipping to 45.7 on an adjusted basis, according to SMU data.