Steel Prices

Nucor holds HRC CSP at $930/ton for third week

April 28, 2025

Nucor’s weekly consumer spot price (CSP) for hot-rolled (HR) coil remained unchanged this week.

As of Monday, April 28, the CSP stood at $930 per short ton (st). It has been at this price each of the past two weeks, down from $935/st one month prior.

The HR coil base price for Nucor subsidiary California Steel Industries (CSI) also held steady at $990/st, down from $995/st four weeks ago.

The Charlotte, N.C.-based steelmaker noted that lead times of three to five weeks remain available, and customers should contact their district sales manager for availability. Published extras apply to all spot transactions.

SMU’s April 22 market check found HR coil spot prices ranging from $840-950/st, averaging $895/st. Our HRC index was unchanged week over week but has declined $50/st over the past month. Updated indices will be published tomorrow evening.

SMU members can view historical flat-rolled and plate price announcements on our steel mill price announcement calendar.

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.