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    Market Segment

    January 2, 2025

    Nucor maintains $750/ton list price for spot HR

    Written by Ethan Bernard

    Nucor said on Monday, Dec. 30, that it was keeping its spot base price for hot-rolled sheet this week at $750 per short ton (st).

    The Charlotte, N.C.-based steelmaker has held its consumer spot price (CSP) at this amount since the middle of November.

    Additionally, the weekly spot base price for HR from California Steel Industries (CSI) remains at the same level as previously at $810/st.

    The company said lead times for all spot orders will be offered between 3-5 weeks.

    SMU will next update our hot-rolled coil prices on Tuesday, Jan. 7.

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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