Steel Prices

Nucor CSP remains level at $900/ton
Written by Ethan Bernard
June 23, 2025
Nucor kept its weekly list price for hot-rolled (HR) coil flat this week following two consecutive increases.
This leaves the Charlotte, N.C.-based steelmaker’s consumer spot price (CSP) for HR coil at $900 per short ton (st) as of Monday.
The price at the company’s West Coast joint venture, California Steel Industries (CSI), will also remain the same at $960/st.
The steelmaker last held prices flat on June 2, when the CSP for HR stood at $870/st, before raising it over the last two weeks.
Nucor said lead times for all spot orders will be offered between 3-5 weeks.
Recall that Cleveland-Cliffs last week raised its monthly HR price by $40/st and is now seeking $950/st.
Note Cliffs publishes its listed HR prices on a monthly basis, whereas Nucor updates them on a weekly basis.
You can track mill price announcements on our website.
SMU’s average HR price was $880/st FOB mill, east of the Rockies, as of June 17. That was up $20/st week over week.
We will next update prices on Tuesday evening.

Ethan Bernard
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