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    March 31, 2025

    Nucor keeps HRC price unchanged

    Written by David Schollaert

    Nucor paused its weekly hot-rolled (HR) coil price this week, keeping it flat for the first time since Jan. 21. This comes after a nine-week rally that saw the company increase prices by double-digits for eight of those weeks.

    The Charlotte, N.C.-based steelmaker told customers on Monday this week’s consumer spot price (CSP) for HR coil would be $935 per short ton (st). That price is good across Nucor mills, except for its joint-venture subsidiary California Steel Industries (CSI), whose HR price also remained flat week over week (w/w) at $995/st.

    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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