Prices
January 6, 2025
Written by Laura Miller
While steel news may be starting 2025 off with a bang, Nucor’s consumer spot price (CSP) for hot-rolled (HR) coil is not: The steelmaker is keeping its weekly published price unchanged for yet another week.
Nucor’s HR coil CSP has been at $750 per short ton (st) since mid-November. And it will remain there for this week, the Charlotte, N.C.-based company said on Monday morning.
Nucor said on Monday, Sept. 21, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,210 per short ton (st) this week, a $10/st increase from a week earlier.
The domestic plate market is showing few signs of relief for steel buyers. Lead times are stretching well beyond seasonal norms, spot availability has all but evaporated, and mills are drawing hard lines on contract volumes heading into 2027 negotiations.
SSAB Americas announced immediate changes to pricing extras on select products, according to a letter sent to customers Friday morning.
Nucor Plate Group said it will be increasing its fuel surcharge to $20 per short ton for next month, effective on all shipments beginning Oct. 1.
Nucor said its consumer spot price for hot-rolled coil will be $1,200 per short ton (st) the week of Monday, Sept. 14. That's a $10/st increase from a week earlier.