STEEL MARKET DASHBOARD

Top-pricing
Hot Rolled Coil – Midwest
700 /st
09/09/2024
Mini-Mill HRC CONVERSION COST ESTIMATE
522 /st
10/10/2025
Cold Rolled Coil – Midwest
900 /st
07/19/2024
Hot Dipped Galvanized – Midwest
885 /st
09/09/2024
CME Hot Rolled Coil Futures
MonthLastChangePrior
DEC 2024678+3675
JAN 2025712+0712
FEB 2025752+2750
MAR 2025775+0775
APR 2025780+0780
MAY 20250+0790
JUN 2025798+8790
JUL 20250+0790
AUG 20250+0790
SEP 20250+0790
OCT 20250+0790
NOV 2025795+5790
DEC 2025795+5790
LME Aluminum Futures
Last Updated: 10/10/2025
First Future
2760.49
Second Future
2760.49
Third Future
2746.7
Fourth Future
2750.93
Fifth Future
2754.43
Sixth Future
2756.93
Manufacturing
Global PMI
50.8
10/01/2025
US PMI
49.1
10/01/2025
Chinese PMI
49.8
09/30/2025
Chinese Caixian PMI
51.2
09/30/2025
Chicago PMI
40.6
09/30/2025
Japanese PMI
48.5
10/01/2025
EuroZone PMI
49.8
10/01/2025
Philadelphia Fed
23.2
09/18/2025
Empire Manufacturing
-8.7
09/15/2025
Durable Goods
0.03 %
09/25/2025
Industrial Production
0.001 %
09/16/2025
Capacity Utilization
77.376 %
09/16/2025
Automotive
Annualized Sales
16.39 million
10/02/2025
Economy
Nonfarm Payrolls
22000 jobs
09/05/2025
Unemployment Rate
0.043 %
09/05/2025
PPI
0.001 %
09/10/2025
CPI
0.004 %
09/11/2025
Consumer Confidence
55
10/10/2025
Small Business Index
100.8
09/09/2025
Interest Rates
Fed Funds
4.22%
09/01/2025
Secured Overnight Financing Rate
4.13%
10/09/2025
10 Yr Treasury
4.14%
10/09/2025
Steel-rebar
North America Domestic
$885 /st
09/08/2025
Turkey Export
$545 /st
10/10/2025
China Export
$464 /st
10/10/2025
China Rebar Futures
$465.31 /mt
01/27/2025
Energy
Natural Gas
$3.137 mbtu
10/10/2025
Crude
$58.52 /barrel
10/10/2025
Heating Oil
$2.1935 /gallon
10/10/2025
Gasoline
$1.8121 /gallons
10/10/2025
Crude Oil Inventory
420261 barrels
10/08/2025
Rig Count US
547 rigs
10/10/2025
Rig Count NA
740 rigs
10/10/2025
Natural Gas Inventory
3641 bcf
10/09/2025
Raw-materials
Mini-Mill Scrap
$394 /gt
10/10/2025
Iron Ore
$105.85 /mt
10/10/2025
Pig Iron Black Sea Export
$305 /mt
08/25/2025
Pig Iron Brazil Export
$395 /mt
09/22/2025
LME Zinc
$3101.95 /mt
10/10/2025
Coking Coal
$188 /mt
10/10/2025
Coke – China Export
$237 /mt
10/02/2025
NYMEX Natural Gas Futures
$3.137 mbtu
10/10/2025
Copper
$4.898 /lb
10/10/2025
HRC Iron Ore Ratio
6.61
10/10/2025
Busheling Iron Ore Ratio
4.11
10/10/2025
HRC Busheling Ratio
1.61
09/11/2025
Steel-data
AISI Production
1.749 million mt
10/06/2025
AISI Capacity
77.2 %
10/06/2025
US Steel Flat Rolled Import Licenses
0.408 million st
09/25/2025
Construction
CPIC
195 billion
09/03/2025
Median Sales Price of New home
$413500
09/24/2025
Case Shiller 20 city index housing prices
0.0182 %
09/30/2025
Dodge Construction Index
259
09/19/2025
ABI Index
47.2
10/02/2025
Building Permits
1.33 million annualized homes
09/24/2025
Housing Starts
1.307 million annualized homes
09/17/2025
New Home Sales
80000 annualized homes
09/24/2025
Existing Home Sales
4 million annualized homes
09/25/2025
30 Year Mortgage Rate
6.4 %
10/10/2025
Homebuilder Confidence
32
08/18/2025
XHB (Homebuilder ETF)
$103.72
10/10/2025
Capacity-and-lead
Weekly Domestic Capacity Utilization All Products
77.2 %
10/06/2025
HRC Midwest Lead Time
4.4 weeks
08/13/2024
Weekly Raw Steel Production
1.749 M tons
10/06/2025
Transportation
Gas Prices
$3.1 /gallon
10/10/2025
Flat Bed Prices
$2.4659 /mile
10/10/2025
Baltic Dry Index
1923
10/10/2025
Total Combined Rail Traffic
503538 carloads
10/08/2025
Railroad Carloads (weekly)
278566 carloads
10/08/2025
Railroad Intermodal Units (weekly)
224972 units
10/08/2025
Exchange Rates
2025-10-11 08:00:00 UTC
CURRENCY PRICE
EUR/USD 1.1613
USD/CNY 7.1335
USD/AUD 1.5446
USD/INR 88.732
USD/CAD 1.4002
USD/MXN 18.578
USD/JPY 151.119
USD/GBP 0.7488
Scrap Pricing
Last Updated: 10/12/2025

Mini-Mill HRC CONVERSION COST ESTIMATE

#1 Busheling = $132

#1 Bundles = $81

Shredded = $59

#1 Heavy Metal = $33

#2 Heavy Metal = $34

Pig Iron = $3

Conversion Cost = $180

Total = $522

Mini-Mill Scrap

#1 Busheling = $170

#1 Bundles = $103

Shredded = $74

#1 Heavy Metal = $44

#2 Heavy Metal = $3

Total = $394

US Flat Rolled Steel Mills

CompanyPriceChangeDay Range52 Week RangeLast Updated
United States Steel Corporation (X)0 USD0 - 054.91 - 29.71October 12, 2025 / 5:45 pm EDT
Steel Dynamics, Inc. (STLD)141.23 USD-6.55148.37 - 141.15155.56 - 103.17October 12, 2025 / 5:45 pm EDT
Nucor Corporation (NUE)133.65 USD-4.52139 - 133.61170.52 - 97.59October 12, 2025 / 5:45 pm EDT
ArcelorMittal (MT)37.18 USD-2.3438.65 - 36.9735.53 - 20.54October 12, 2025 / 5:45 pm EDT
Cleveland-Cliffs Inc. (CLF)13.18 USD-1.0214.31 - 13.1814.512 - 5.63October 12, 2025 / 5:45 pm EDT

Other Producers

CompanyPriceChangeDay Range52 Week RangeLast Updated
Ternium S.A. (TX)35.21 USD-0.8336.6038 - 35.0537.43 - 24October 12, 2025 / 5:45 pm EDT
POSCO (PKX)45.13 USD-3.246.74 - 44.99380500 - 227500October 12, 2025 / 5:45 pm EDT
Gerdau S.A. (GGB)3.15 USD-0.113.24 - 3.1321.3 - 13.74October 12, 2025 / 5:45 pm EDT
Commercial Metals Company (CMC)56.97 USD-2.0359.92 - 56.9664.22 - 37.92October 12, 2025 / 5:45 pm EDT
Companhia Siderúrgica Nacional (SID)1.45 USD-0.131.57 - 1.4512.47 - 6.72October 12, 2025 / 5:45 pm EDT

Service Centers

CompanyPriceChangeDay Range52 Week RangeLast Updated
Worthington Industries, Inc. (WOR)55.04 USD-0.6655.99 - 54.7270.91 - 37.88October 12, 2025 / 5:45 pm EDT
Reliance Steel & Aluminum Co. (RS)272.08 USD-7.25280.72 - 271.79347.435 - 250.07October 12, 2025 / 5:45 pm EDT
Ryerson Holding Corporation (RYI)21.9 USD-0.9522.97 - 21.86527.41 - 17.1828October 12, 2025 / 5:45 pm EDT
Olympic Steel, Inc. (ZEUS)27.2 USD-1.829.23 - 27.1143.5967 - 26.32October 12, 2025 / 5:45 pm EDT

Raw Materials

CompanyPriceChangeDay Range52 Week RangeLast Updated
BHP Group (BHP)53.62 USD-2.4256.035 - 53.47144.42 - 33.25October 12, 2025 / 5:45 pm EDT
Vale S.A. (VALE)10.75 USD-0.2811.095 - 10.7163.99 - 48.77October 12, 2025 / 5:45 pm EDT
Rio Tinto plc (RIO)65.44 USD-1.5667.57 - 65.3455240 - 4024.5October 12, 2025 / 5:45 pm EDT

Freight

CompanyPriceChangeDay Range52 Week RangeLast Updated
C.H. Robinson Worldwide, Inc. (CHRW)125.31 USD-3.59130.5 - 125.03137.996 - 84.6788October 12, 2025 / 5:45 pm EDT
J.B. Hunt Transport Services, Inc. (JBHT)137.09 USD-5.53144.64 - 136.46200.4 - 122.79October 12, 2025 / 5:45 pm EDT
Werner Enterprises, Inc. (WERN)26.53 USD-1.7228.34 - 26.4742.48 - 23.02October 12, 2025 / 5:45 pm EDT
Landstar System, Inc. (LSTR)124.13 USD-5.08130.24 - 123.465196.86 - 119.32October 12, 2025 / 5:45 pm EDT
Union Pacific Corporation (UNP)225.45 USD-6.09233.855 - 225.22256.84 - 204.66October 12, 2025 / 5:45 pm EDT
Norfolk Southern Corporation (NSC)288.37 USD-6.52297.57 - 288.31302.24 - 201.63October 12, 2025 / 5:45 pm EDT
CSX Corporation (CSX)35.49 USD-0.5636.43 - 35.4337.25 - 26.2184October 12, 2025 / 5:45 pm EDT
SPDR S&P Transportation ETF (XTN)81.39 USD-3.0984.62 - 81.3895.62 - 61.95October 12, 2025 / 5:45 pm EDT