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

Miller on Raw Materials: Are more DRI investments coming to 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.

HR Futures: Oil, Mideast tensions fail to move steel
After a hot start to June, the CME ferrous derivatives complex has cooled down.

Hot rolled vs. galvanized price gap tightens further
As of June 24, the premium galvanized coil carries over hot-rolled coil is just $5 per short ton (st) above the lowest level recorded in almost two years.