SMU Price Ranges & Indices: Steel Prices Feeling Low

Hot Rolled Coil: SMU price range is $540-$580 per ton ($27.00-$29.00/cwt) with an average of $560 per ton ($28.00/cwt) FOB mill, east of the Rockies. Both the lower and upper ends of our range declined $20 per ton compared to one week ago. Our overall average is down $20 per ton over last week. Our price momentum on hot rolled steel is now Lower, meaning we expect prices to decline over the next 30 days.

Hot Rolled Lead Times: 3-5 weeks

Cold Rolled Coil: SMU price range is $720-$780 per ton ($36.00-$39.00/cwt) with an average of $750 per ton ($37.50/cwt) FOB mill, east of the Rockies. The lower end of our range decreased $20 per ton compared to last week, while the upper end decreased $10 per ton. Our overall average is down $15 per ton over one week ago. Our price momentum on cold rolled steel is now Lower, meaning we expect prices to decline over the next 30 days.

Cold Rolled Lead Times: 5-8 weeks

Galvanized Coil: SMU base price range is $37.00-$39.00/cwt ($740-$780 per ton) with an average of $38.00/cwt ($760 per ton) FOB mill, east of the Rockies. The lower end of our range increased $20 per ton compared to one week ago, while the upper end declined $10. Our overall average is up $5 per ton over last week. Our price momentum on galvanized steel is now Lower, meaning we expect prices to decline over the next 30 days.

Galvanized .060” G90 Benchmark: SMU price range is $809-$849 per net ton with an average of $829 per ton FOB mill, east of the Rockies.

Galvanized Lead Times: 4-8 weeks

Galvalume Coil: SMU base price range is $38.00-$39.00/cwt ($760-$780 per ton) with an average of $38.50/cwt ($770 per ton) FOB mill, east of the Rockies. The lower end of our range increased $30 per ton compared to last week, while the upper end decreased $10 per ton. Our overall average is up $10 per ton over one week ago. Our price momentum on Galvalume steel is now Lower, meaning we expect prices to decline over the next 30 days.

Galvalume .0142” AZ50, Grade 80 Benchmark: SMU price range is $1,051-$1,071 per net ton with an average of $1,061 per ton FOB mill, east of the Rockies.

Galvalume Lead Times: 6-9 weeks

Plate: SMU price range is $640-$680 per ton ($32.00-$34.00/cwt) with an average of $660 per ton ($33.00/cwt) FOB delivered to the customer’s facility. The lower end of our range decreased $20 per ton compared to one week ago, while the upper end declined $30. Our overall average is down $25 per ton over last week. Our price momentum on plate steel is now Lower, meaning we expect prices to decline over the next 30 days.

Plate Lead Times: 4-5 weeks

SMU Note: Below is a graphic showing our hot rolled, cold rolled, galvanized, Galvalume and plate price history. This data is available here on our website with our interactive pricing tool. Note that plate prices are not yet available on our website, but we are in the process of adding that dataset. If you need help navigating the website or need to know your login information, contact us at info@SteelMarketUpdate.com or 800-432-3475.