Steel Prices
Nucor lifts HR coil to $820/ton
Written by Brett Linton
February 17, 2025
Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil for a fourth consecutive week.
As of Monday, Feb. 17, the company’s CSP is $820 per short ton (st), a $30/st increase from the previous week. It was $775/st two weeks ago and $750/st in mid-January.
The HR coil base price for Nucor subsidiary California Steel Industries increased by $30/st this week and is now at $880/st. It was $835/st in early February and $810/st one month ago.
The Charlotte, N.C.-based steelmaker noted that lead times of 3-5 weeks continue to be offered, and customers should contact their district sales manager for availability. Published extras will apply to all spot transactions.
SMU’s Feb. 11 check of the market had HR coil spot prices ranging from $720-800/st, averaging $760/st, up $35/st from the week prior. We will update our indices tomorrow evening.
Brett Linton
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