Steel Products Prices North America
Nucor pushes HR spot price to $790/ton
Written by David Schollaert
February 10, 2025
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $790 per short ton (st) on Monday, Feb. 10 – a $15/st bump vs. last week.
The Charlotte, N.C.-based company has raised its weekly CSP by $40/st over the past three weeks after maintaining tags at $750/st since Nov. 12, according to SMU’s mill price announcement calendar.
Nucor’s joint-venture subsidiary California Steel Industries (CSI) is also up $15/st on HR coil to $850/st, according to the letter to customers.
Lead times of 3-5 weeks continue to be offered on all spot orders despite the repeated price increases.
SMU’s average HR price is presently at $725/st, up $25/st w/w, according to our interactive pricing tool. We will update our indices this week and publish the prices in Tuesday’s newsletter.
David Schollaert
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