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
3.72%
12/01/2025
Secured Overnight Financing Rate
-
3.64%
01/09/2026
10 Yr Treasury
4.19%
01/08/2026
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
2026-01-13 06:00:00 UTC
CURRENCY PRICE
EUR/USD 1.1671
USD/CNY 6.9734
USD/AUD 1.4897
USD/INR 90.1339
USD/CAD 1.3872
USD/MXN 17.917
USD/JPY 158.143
USD/GBP 0.7429
Scrap Pricing
Last Updated: 01/12/2026

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 - 054.91 - 32.0268January 12, 2026 / 2:46 pm EST
Steel Dynamics, Inc. (STLD)169.39 USD0.12170.79 - 166.53178.36 - 103.17January 12, 2026 / 2:46 pm EST
Nucor Corporation (NUE)165.57 USD1.8166.87 - 163171.94 - 97.59January 12, 2026 / 2:46 pm EST
ArcelorMittal (MT)47.8225 USD0.852548.2 - 46.9741.54 - 20.54January 12, 2026 / 2:46 pm EST
Cleveland-Cliffs Inc. (CLF)12.835 USD0.07512.895 - 12.5116.7 - 5.63January 12, 2026 / 2:46 pm EST

Other Producers

CompanyPriceChangeDay Range52 Week RangeLast Updated
Ternium S.A. (TX)40.56 USD0.5240.755 - 39.9140.88 - 24January 12, 2026 / 2:46 pm EST
POSCO (PKX)53.95 USD0.8854.2 - 52.97342000 - 227500January 12, 2026 / 2:46 pm EST
Gerdau S.A. (GGB)3.98 USD0.034 - 3.9320.76 - 13.74January 12, 2026 / 2:46 pm EST
Commercial Metals Company (CMC)71.92 USD-0.5472.64 - 70.945175.03 - 37.92January 12, 2026 / 2:46 pm EST
Companhia Siderúrgica Nacional (SID)1.845 USD-0.0151.88 - 1.83410.33 - 6.72January 12, 2026 / 2:46 pm EST

Service Centers

CompanyPriceChangeDay Range52 Week RangeLast Updated
Worthington Industries, Inc. (WOR)53.73 USD-0.0854.02 - 53.4270.91 - 38.82January 12, 2026 / 2:46 pm EST
Reliance Steel & Aluminum Co. (RS)310.13 USD1.3311.905 - 306.51347.435 - 250.07January 12, 2026 / 2:46 pm EST
Ryerson Holding Corporation (RYI)28.41 USD0.1828.9 - 28.0228.5 - 17.1828January 12, 2026 / 2:46 pm EST
Olympic Steel, Inc. (ZEUS)48.4 USD0.3149.1 - 47.87548.4 - 26.32January 12, 2026 / 2:46 pm EST

Raw Materials

CompanyPriceChangeDay Range52 Week RangeLast Updated
BHP Group (BHP)62.975 USD1.25563.5 - 6246.03 - 33.25January 12, 2026 / 2:46 pm EST
Vale S.A. (VALE)13.9499 USD-0.020114.16 - 13.9372.39 - 48.77January 12, 2026 / 2:46 pm EST
Rio Tinto plc (RIO)83.08 USD1.9583.11 - 81.426317 - 4024.5January 12, 2026 / 2:46 pm EST

Freight

CompanyPriceChangeDay Range52 Week RangeLast Updated
C.H. Robinson Worldwide, Inc. (CHRW)170.88 USD0.11172.88 - 168.76170.81 - 84.6788January 12, 2026 / 2:46 pm EST
J.B. Hunt Transport Services, Inc. (JBHT)205.04 USD-1.81208.14 - 203.7208 - 122.79January 12, 2026 / 2:46 pm EST
Werner Enterprises, Inc. (WERN)33.03 USD-0.2133.365 - 32.6338.6 - 23.02January 12, 2026 / 2:46 pm EST
Landstar System, Inc. (LSTR)155.435 USD-0.265157.22 - 153.62179.74 - 119.32January 12, 2026 / 2:46 pm EST
Union Pacific Corporation (UNP)228.04 USD-0.4228.5 - 225256.84 - 204.66January 12, 2026 / 2:46 pm EST
Norfolk Southern Corporation (NSC)287.43 USD0.22287.97 - 284.68302.24 - 201.63January 12, 2026 / 2:46 pm EST
CSX Corporation (CSX)35.005 USD-0.19535.11 - 34.78537.54 - 26.2184January 12, 2026 / 2:46 pm EST
SPDR S&P Transportation ETF (XTN)97.21 USD-0.7897.59 - 97.0698.1 - 61.95January 12, 2026 / 2:46 pm EST