Steel Prices

Nucor raises HRC list price to $930/ton

Written by Stephanie Ritenbaugh

March 17, 2025

Nucor is pushing its list price for hot-rolled (HR) coil up by $15 per short ton to $930/st.

This marks the eighth week that the Charlotte-N.C.-based steelmaker has raised its consumer spot price (CSP) for HR sheet.

The price will be $930/st at all producing mills, except for West Coast subsidiary California Steel Industries (CSI), where the HR base price will be $990/st, which is also $15 above last week.

In a letter to customers on Monday, the company said it is maintaining lead times of 3-5 weeks on spot orders.

SMU’s average HR price was at $950/st, as of Tuesday, March 11. That was up $25/st w/w, according to our interactive pricing tool.

Stephanie Ritenbaugh

Stephanie Ritenbaugh is a reporter for Steel Market Update. She is an experienced business journalist, holding a variety of positions for trade publications and newspapers, including covering shale development for Gas Business Briefing/Platts and for the Pittsburgh Post-Gazette. She can be reached at stephanie.ritenbaugh@crugroup.com or +1 724-759-7868

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