Steel Products Prices North America
Nucor lowers weekly HR price by $5/ton
Written by Laura Miller
June 17, 2024
Nucor priced its weekly hot-rolled (HR) coil consumer spot price (CSP) at $715 per short ton (st) this week, down $5/st from last week.
The move comes after a $60/st price cut was announced for the week of June 10.
The HR base price is effective immediately for all the company’s sheet mills, save for California Steel Industries (CSI). The HR coil base price for CSI, at $775/st, is also lower by $5/st from last week.
A letter to customers Monday said Nucor will continue to offer lead times of 3-5 weeks for all spot orders but to contact district sales managers for availability.
As of June 11, SMU pegged HR coil spot prices in the US to be $660-760/st with an average of $710/st.

Laura Miller
Read more from Laura MillerLatest in Steel Products Prices North America

SMU price ranges: Steel prices rise in response to tariffs
Steel prices climbed for a second straight week across all five sheet and plate products tracked by SMU.

Nucor lifts list price for spot HRC by $20/ton
The $20/short ton increase applies to all of the steelmaker’s sheet mills, including West Coast joint-venture subsidiary CSI.

Nucor pauses month-long slide in weekly HR price
Nucor halted a four-week decline in its spot price for hot-rolled coil this week, maintaining its weekly consumer spot price (CSP) at $870/st.

Nucor lowers HRC by $10/ton in fourth straight cut
Nucor has lowered its consumer spot price (CSP) for hot-rolled coil by $10 per short ton (st), marking the fourth consecutive weekly decrease.

Nucor slows HRC price climb with $5/ton increase
After eight weeks of double-digit price increases on hot-rolled (HR) coil, Nucor slowed the price rise this week with an increase of $5 per short ton.