Interactive Pricing Tool – Steel and Scrap Prices
View current SMU market prices for hot rolled, cold rolled, galvanized, Galvalume, plate, and various scrap products.
Explore our steel prices
Each week, we gather insights from steel buyers nationwide and use our proprietary survey to provide members with high, low, and average spot market prices for hot-rolled, cold-rolled, galvanized, Galvalume, and plate steel. Stay informed with the latest market pricing trends
Steel scrap prices
Access the latest ferrous scrap prices. We track prices for busheling, heavy melt, and shredded scrap. See high, low, and average prices to stay up to speed with market trends
IOSCO-compliant prices
An independent auditor has found that all of SMU’s sheet, plate, and scrap prices adhere to International Organization of Securities Commissions (IOSCO) principles. The result: Pricing you can trust to make confident decisions
Flat-Rolled Steel Prices
SMU price ranges and indices for hot rolled, cold rolled, galvanized, Galvalume, and plate steel.
| wdt_ID | Product | Low | Avg | High |
|---|---|---|---|---|
| 1 | HR | 1,130 | 1,160 | 1,190 |
| 2 | CR | 1,320 | 1,360 | 1,400 |
| 5 | GI | 1,320 | 1,360 | 1,400 |
| 6 | AZ | 1,340 | 1,370 | 1,400 |
| 7 | PL | 1,320 | 1,350 | 1,380 |
Price Estimator
Calculate the theoretical prime price for any specific gauge, width, quality and coating weight steel product.
Steel Pricing Momentum
Track short-term steel pricing trends with directional arrows showing expected flat-rolled and plate movements.
Raw Material Prices
Monitor iron ore, coking coal, pig iron, scrap, zinc, and aluminum costs with insights and summary tables.
Hot Rolled Futures
HRC futures allow market participants to hedge future steel prices and reduce exposure to spot price volatility.
Busheling Scrap Futures
Busheling scrap futures enable hedging and margin management, stabilizing costs amid spot volatility.
Price Methodology
Learn how SMU determines price indices, with transparency on our data collection, compliance, and calculations.
Latest news
Nucor holds spot HR price at $1,135/ton
Nucor said its consumer spot price for hot-rolled coil will be $1,135 per short ton for the week of July 20.
Leibowitz: Steel producers need imports too—especially of pig iron
Downstream consumers of steel account for many times the employment in steel production. Yet the tariff manufacturers in the federal government have paid scant attention to the needs of most manufacturers.
US steel exports stabilized in May at low levels
Steel exports eased 1% in May and remain significantly lower than trade of previous years.
Aluminum Dynamics sets Mississippi site for relocated recycled slab center
Aluminum Dynamics plans to invest more than $200 million to develop a recycled slab center in Lowndes County, Miss., establishing the permanent location for a project relocated from Arizona earlier this year.
Oil and gas rig counts rise in US and Canada
Drilling activity ticked higher this week in both the US and Canada, according to recently released rig count data from Baker Hughes.
SMU Steel Summit 2026: Who’s driving change—and what’s to come?
We’re just a few days away from initiating an official 30-day countdown until SMU Steel Summit 2026 in Atlanta.
Liberty Steel temporarily furloughs workers at Illinois wire rod mill
Liberty Steel workers at its Bartonville, Ill., facility face furloughs after an industry downturn, according to a media report.
HR buyers foresee bullish market through the second half of 2026
Some hot-rolled coil market participants said they’re optimistic that the market will remain strong throughout the rest of the year.
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