Tag: SMU Price Indices

Sheet prices continued to grind higher this week on factors familiar to most steel market participants: extremely limited spot availability, long lead times, low inventories, and firm demand.

Hot-rolled and cold-rolled prices held steady again this week while prices for coated products and plate continued to tick upward.

On July 1, CRU launched a US Galvalume coil benchmark price to serve this growing market.

Market reaction to Nucor’s move was mixed. Some sources said a flat CSP reflected concerns that further increases in US HR prices could attract more import competition. Others expressed frustration. Their view: CSP has kept a lid on prices, something that shouldn’t happen when many buyers remain more concerned about availability than price.

Hot-rolled (HR) coil and plate prices continued to tick higher even as cold-rolled (CR) and coated prices came in unchanged, according to SMU’s latest check of the market.

SMU’s sheet price indices increased further this week, while plate held steady, all at multi-year highs.

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.

We are happy to share that the SMU Price Estimator Tool is now a little easier to navigate.

SMU’s sheet price indices continued to climb this week, while plate held steady, all at multi-year highs.

U.S. Steel (USS) has revised their galvanized and Galvalume coating extras higher effective Aug. 2, 2026.

Sheet and plate price indices increased between $5-20 per short ton (st) from last week.

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.

All five of SMU’s sheet and plate price indices ticked higher this week, rising further to new multi-year highs. Prices increased between $5-25 per short ton (st) from last week and are $30-65/st higher than they were one month ago.

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 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 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.

Prices for both sheet and plate products climbed higher this week, with some rising to multi-year highs, according to SMU's latest market canvass.

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.

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.

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.

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.

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

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

Steel sheet and plate prices rose across the board to start the year on limited spot availability at some mills, expectations of higher scrap prices, and hopes of stronger demand in 2026.

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