STEEL MARKET DASHBOARD

Top-pricing
Hot Rolled Coil – Midwest
700 /st
09/09/2024
Mini-Mill HRC CONVERSION COST ESTIMATE
-
515 /st
11/11/2025
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: 11/11/2025
First Future
2850.05
Second Future
2850.05
Third Future
2872.73
Fourth Future
2876.82
Fifth Future
2880.62
Sixth Future
2884.62
Manufacturing
Global PMI
50.8
10/01/2025
US PMI
48.7
11/03/2025
Chinese PMI
49
11/03/2025
Chinese Caixian PMI
50.6
11/03/2025
Chicago PMI
43.8
11/03/2025
Japanese PMI
48.2
11/04/2025
EuroZone PMI
50
10/24/2025
Philadelphia Fed
-12.8
10/16/2025
Empire Manufacturing
10.7
10/15/2025
Durable Goods
0.03 %
09/25/2025
Industrial Production
0.001 %
09/16/2025
Capacity Utilization
77.376 %
09/16/2025
Automotive
Annualized Sales
15.32 million
11/04/2025
Economy
Nonfarm Payrolls
22000 jobs
09/05/2025
Unemployment Rate
0.043 %
09/05/2025
PPI
0.001 %
09/10/2025
CPI
0.003 %
10/24/2025
Consumer Confidence
50.3
11/07/2025
Small Business Index
98.2
11/11/2025
Interest Rates
Fed Funds
-
3.63%
06/01/2026
Secured Overnight Financing Rate
3.53%
07/09/2026
10 Yr Treasury
4.54%
07/09/2026
Steel-rebar
North America Domestic
$885 /st
09/08/2025
Turkey Export
$540 /st
11/11/2025
China Export
$465 /st
11/11/2025
China Rebar Futures
$465.31 /mt
01/27/2025
Energy
Natural Gas
$4.565 mbtu
11/11/2025
Crude
$61.04 /barrel
11/11/2025
Heating Oil
$2.5757 /gallon
11/11/2025
Gasoline
$2.012 /gallons
11/11/2025
Crude Oil Inventory
421168 barrels
11/05/2025
Rig Count US
548 rigs
11/07/2025
Rig Count NA
739 rigs
11/07/2025
Natural Gas Inventory
3915 bcf
11/06/2025
Raw-materials
Mini-Mill Scrap
-
$384 /gt
11/11/2025
Iron Ore
$105.85 /mt
11/11/2025
Pig Iron Black Sea Export
$303 /mt
10/27/2025
Pig Iron Brazil Export
$382.5 /mt
10/20/2025
LME Zinc
$3183.54 /mt
11/11/2025
Coking Coal
$211 /mt
11/03/2025
Coke – China Export
$244 /mt
11/11/2025
NYMEX Natural Gas Futures
$4.565 mbtu
11/11/2025
Copper
$5.066 /lb
11/11/2025
HRC Iron Ore Ratio
6.61
11/11/2025
Busheling Iron Ore Ratio
3.88
11/11/2025
HRC Busheling Ratio
1.7
11/11/2025
Steel-data
AISI Production
1.758 million mt
11/11/2025
AISI Capacity
76.7 %
11/11/2025
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
0.0158 %
10/28/2025
Dodge Construction Index
259
09/19/2025
ABI Index
43.3
11/03/2025
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
4.06 million annualized homes
10/23/2025
30 Year Mortgage Rate
6.28 %
11/11/2025
Homebuilder Confidence
37
10/16/2025
XHB (Homebuilder ETF)
$106.15
11/11/2025
Capacity-and-lead
Weekly Domestic Capacity Utilization All Products
76.7 %
11/11/2025
HRC Midwest Lead Time
4.4 weeks
08/13/2024
Weekly Raw Steel Production
1.758 M tons
11/11/2025
Transportation
Gas Prices
$3.072 /gallon
11/11/2025
Flat Bed Prices
$2.4383 /mile
11/11/2025
Baltic Dry Index
2084
11/11/2025
Total Combined Rail Traffic
496928 carloads
11/05/2025
Railroad Carloads (weekly)
269719 carloads
11/05/2025
Railroad Intermodal Units (weekly)
227209 units
11/05/2025
Exchange Rates
2026-07-12 08:00:00 UTC
CURRENCY PRICE
EUR/USD 1.1415
USD/CNY 6.7757
USD/AUD 1.4382
USD/INR 95.4641
USD/CAD 1.4157
USD/MXN 17.4744
USD/JPY 161.7427
USD/GBP 0.7461
Scrap Pricing
Last Updated: 07/11/2026

Mini-Mill HRC CONVERSION COST ESTIMATE

#1 Busheling = $125

#1 Bundles = $81

Shredded = $59

#1 Heavy Metal = $33

#2 Heavy Metal = $34

Pig Iron = $3

Conversion Cost = $180

Total = $515

Mini-Mill Scrap

#1 Busheling = $160

#1 Bundles = $103

Shredded = $74

#1 Heavy Metal = $44

#2 Heavy Metal = $3

Total = $384

US Flat Rolled Steel Mills

CompanyPriceChangeDay Range52 Week RangeLast Updated
United States Steel Corporation (X)0 USD0 - 035.02 - 20.4July 11, 2026 / 6:11 pm EDT
Steel Dynamics, Inc. (STLD)228.42 USD6.36229.24 - 222.06288.74 - 119.89July 11, 2026 / 6:11 pm EDT
Nucor Corporation (NUE)227.37 USD5.09228.04 - 222.88270.9 - 131.32July 11, 2026 / 6:11 pm EDT
ArcelorMittal (MT)66.08 USD3.1266.605 - 65.4362.6 - 26.35July 11, 2026 / 6:11 pm EDT
Cleveland-Cliffs Inc. (CLF)9.4 USD09.53 - 9.2616.7 - 7.73July 11, 2026 / 6:11 pm EDT

Other Producers

CompanyPriceChangeDay Range52 Week RangeLast Updated
Ternium S.A. (TX)44.3 USD0.8844.79 - 43.5251.73 - 29.98July 11, 2026 / 6:11 pm EDT
POSCO (PKX)52.28 USD2.2553.02 - 51.94542000 - 258500July 11, 2026 / 6:11 pm EDT
Gerdau S.A. (GGB)4.5 USD0.094.54 - 4.43524.65 - 15.81July 11, 2026 / 6:11 pm EDT
Commercial Metals Company (CMC)62.64 USD2.5262.99 - 60.5784.87 - 49.66July 11, 2026 / 6:11 pm EDT
Companhia Siderúrgica Nacional (SID)1.01 USD0.05531.03 - 0.9811.32 - 4.5July 11, 2026 / 6:11 pm EDT

Service Centers

CompanyPriceChangeDay Range52 Week RangeLast Updated
Worthington Industries, Inc. (WOR)54.27 USD1.5154.89 - 52.39267.8 - 45.01July 11, 2026 / 6:11 pm EDT
Reliance Steel & Aluminum Co. (RS)379.22 USD2.72381.1 - 375.22419.83 - 260.31July 11, 2026 / 6:11 pm EDT
Ryerson Holding Corporation (RYI)25.86 USD1.8325.91 - 24.0730.9 - 19.34July 11, 2026 / 6:11 pm EDT
Olympic Steel, Inc. (ZEUS)0 USD0 - 052.65 - 27.11July 11, 2026 / 6:11 pm EDT

Raw Materials

CompanyPriceChangeDay Range52 Week RangeLast Updated
BHP Group (BHP)81.68 USD1.7782.23 - 80.9565.98 - 38.66July 11, 2026 / 6:11 pm EDT
Vale S.A. (VALE)14.46 USD0.2414.59 - 14.3191.62 - 52.37July 11, 2026 / 6:11 pm EDT
Rio Tinto plc (RIO)90.54 USD1.0591.075 - 90.28325 - 4333July 11, 2026 / 6:11 pm EDT

Freight

CompanyPriceChangeDay Range52 Week RangeLast Updated
C.H. Robinson Worldwide, Inc. (CHRW)193.5 USD0.74195.435 - 192.19203.34 - 96.27July 11, 2026 / 6:11 pm EDT
J.B. Hunt Transport Services, Inc. (JBHT)279.96 USD-2.65288.026 - 277.095294.98 - 130.12July 11, 2026 / 6:11 pm EDT
Werner Enterprises, Inc. (WERN)43.85 USD-0.9345.2 - 43.4745.27 - 23.06July 11, 2026 / 6:11 pm EDT
Landstar System, Inc. (LSTR)209.32 USD1.62212.01 - 206.54228.46 - 119.32July 11, 2026 / 6:11 pm EDT
Union Pacific Corporation (UNP)286.96 USD1.92288.9 - 285288.9 - 210.84July 11, 2026 / 6:11 pm EDT
Norfolk Southern Corporation (NSC)327.47 USD3.7328.58 - 323.785328.58 - 257.49July 11, 2026 / 6:11 pm EDT
CSX Corporation (CSX)49.41 USD0.0649.665 - 49.20549.665 - 31.8July 11, 2026 / 6:11 pm EDT
SPDR S&P Transportation ETF (XTN)115.27 USD-1.17116.69 - 115.14120.895 - 79.18July 11, 2026 / 6:11 pm EDT