Steel Prices

Nucor lifts HR spot price by $10/ton
Written by Ethan Bernard
June 30, 2025
Nucor has raised its weekly spot list price on hot-rolled coil by $10 per short ton (st) after holding it steady last week.
The Charlotte, N.C.-based steelmaker said on Monday its HR consumer spot price (CSP) would be $910/st, up from $900/st a week earlier.
The price at the company’s West Coast joint venture, California Steel Industries (CSI), was also increased by $10/st week over week (w/w) to $970/st.
Last week’s pricing pause came after two consecutive weekly increases. A month ago, on May 27, the price stood at $870/st.
You can track mill pricing announcements using the calendar on our website.
Lead times for all spot orders will continue to be offered between 3-5 weeks, Nucor said.
SMU’s HRC price averaged $875/st FOB mill, east of the Rockies, as of Tuesday, June 24. That’s down $5 w/w but up $35 from a month earlier.
We will update our prices on Tuesday evening.

Ethan Bernard
Read more from Ethan BernardLatest in Steel Prices

HR Futures: Rangebound amid muted summer trade
Since the last writing of this article, CME hot-rolled coil (HRC) futures have been largely steady and lifeless, though there’s been some brief bouts of intraday volatility.

SMU Price Ranges: Sheet and plate move ‘soft sideways’ to start August
Sheet and plate prices were either flat or modestly lower this week on softer demand and increasing domestic capacity.

Plate prices slip even as mills officially keep tags unchanged
US plate market participants are not fazed by the constricted nature of the current spot market pricing environment. Right now, they said, mill’s choosing to hold prices from one month to the next makes sense because service centers remain amply supplied and demand is stable. Modest upticks or slips in prices are aligned with most of the participants' expectations right now.

Nucor Plate Group maintains prices for 6th consecutive month
Nucor Plate Group has informed customers that August spot prices will remain flat.

Nucor lowers HRC list price to $890/ton
Nucor’s weekly consumer spot price (CSP) for hot-rolled (HR) coil was adjusted $10 per short ton (st) lower this week after holding steady last week.