Steel Prices

Nucor keeps its HR price unchanged at $780/ton

Written by Laura Miller

Nucor said on Monday that it would keep its weekly hot-rolled (HR) coil price flat this week.

In a letter to customers, the company said its consumer spot price (CSP) for the week of June 3 will remain $780 per short ton (st).

The sideways move comes after two consecutive weeks of a $10/st increases the HR coil CSP from the $760/st price point Nucor set at the start of May.

The steelmaker noted that the HR base price at its California Steel Industries (CSI) subsidiary will remain at $840/st. The higher price reflects the difference between the West Coast market and the rest of the country.

To keep track of the latest mill price notices, visit SMU’s price announcement calendar.

Laura Miller

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