Steel Prices

Nucor lifts HR spot price by $10/ton

Written by Ethan Bernard


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

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