Steel Products

Nucor’s weekly HR spot price unchanged, again

Written by David Schollaert

January 21, 2025

Nucor’s consumer spot price (CSP) for hot-rolled (HR) coil remains unchanged for another week – now on an 11-week streak.

Nucor’s HR coil CSP, still at $750 per short ton (st), has been at that level since Nov. 12.

The spot price for HR from Nucor’s joint-venture subsidiary California Steel Industries (CSI) is also flat at $810/st, the Charlotte, N.C.-based company said on Tuesday morning.

SMU’s average HR price has also seen little change since November, presently $685/st, down $5/st week over week (w/w), according to our interactive pricing tool.

We will update our price indices this week and publish the prices in Tuesday’s newsletter.

David Schollaert

David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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