Steel Prices
Nucor increases CSP, aims for $740/ton HRC
Written by Brett Linton
October 28, 2024
Nucor has raised its weekly consumer spot price (CSP) for hot-rolled (HR) coil by $20 per short ton (st). It stands at at $740/st as of Monday, Oct. 28.
The CSP was $720/st for the previous two weeks and $730/st one month ago. View our Steel Mill Price Announcement Calendar for historical figures.
The HR coil base price for Nucor subsidiary CSI also increased $20 from last week to $800/st. It was at $780/st for the two weeks prior and $790/st one month ago.
Lead times of 3-5 weeks will continue to be offered. Published extras will apply to all spot transactions, the Charlotte, N.C.-based steelmaker said.
SMU’s Oct. 22 check of the market had HR coil spot prices ranging from $650-720/st, averaging $685/st and down $5/st from the week prior.
Brett Linton
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