Steel Mills
Nucor maintains HR list price of $730/ton for a third week
Written by Laura Miller
October 7, 2024
Nucor’s consumer spot price (CSP) for hot-rolled (HR) coil is unchanged this week at $730 per short ton (st).
This marks the third consecutive week the Charlotte, N.C-based steelmaker has kept its spot HR price at $730/st. The weekly price is up just $20/st since the start of September. It’s up a more significant $80/st from a low of $650/st in July.
This week’s CSP from Nucor remains at the top of SMU’s current price range of $680-730/st for HR coil. The average HR price established in our Oct. 1 check of the market was $705/st. We will again update prices this Tuesday.
Nucor also told customers on Monday that it would maintain the $790/st CSP for HR purchased from its West Coast joint venture subsidiary, California Steel Industries (CSI).
Check out SMU’s mill price announcement calendar on our website to track this and other flat-rolled steel price notices.

Laura Miller
Read more from Laura MillerLatest in Steel Mills

August US mill shipments slip but still higher than last year
The American Iron and Steel Institute reported a decline in the monthly shipments of US mills from July to August.

TransPod, Algoma, Supreme Steel linkup anchors Canadian steel in high-speed transit build
The three Canadian companies have announced a strategic partnership to support the development of an ultra-high-speed transit line from Edmonton to Calgary.

Metallus, USW agree to tentative four-year labor deal
Metallus and the United Steelworkers (USW) have agreed to a tentative four-year labor contract.

ArcelorMittal Dofasco resumes cokemaking after emergency maintenance
The Canadian steelmaker reported on Sept. 30 that “urgent maintenance” was needed in its coke plant off-gas systems. The work required coke oven gas from the No. 2 coke plant to be flared for most of that week.

AISI: Raw steel production ticks back down
US raw steel output declined last week after increasing the week prior, according to the latest data from the American Iron and Steel Institute (AISI). Output has see-sawed from week to week since mid-August. Still, it has remained historically strong over the past four months and has held near multi-year highs since June. Domestic mills […]