Steel Prices

Nucor lifts HR coil to $820/ton

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 m arket 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

Brett Linton is a senior analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.