Steel Prices

Nucor's hikes list price for HRC by $10/ton
Written by Stephanie Ritenbaugh
June 16, 2025
Nucor raised its published weekly spot price for hot-rolled (HR) coil by $10 per short ton (st) on Monday.
The $10/st increase applies to all of the steelmaker’s sheet mills, including its West Coast joint-venture, California Steel Industries (CSI).
This puts Nucor’s consumer spot price (CSP) for HR coil at $900/st this week and CSI’s at $960/st.
Nucor had lowered the CSP throughout May, closing the month at $870/st. It started stepping up the price last week, increasing it June 9 by $20/st.
You can track mill price announcements on our website.
In last week’s market check, SMU assessed spot HR coil prices at $800-920/st, averaging $860/st FOB mill, east of the Rockies, according to our interactive pricing tool.

Stephanie Ritenbaugh
Read more from Stephanie RitenbaughLatest in Steel Prices

HR Futures: Financial players bullish on price, physical market participants not
We can interpret that managed money still has expectations of price strength while physical participants are running closer to a balance on a net basis.

Doubled S232 tariff holds US HR prices below EU
David Schollaert presents this week's analysis of hot-rolled coil prices, foreign vs. domestic.

SMU Price Ranges: Sheet and plate steady ahead of Independence Day
Sheet and plate prices were little changed in the shortened week ahead of Independence Day, according to SMU’s latest check of the market.

Miller on Raw Materials: Are more DRI investments coming to the US?
Will more DRI investment come to the US?

Nucor maintains plate prices, opens August order book
Nucor aims to keep plate prices flat again with the opening of its August order book.