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
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