Prices

Nucor maintains plate prices, opens August order book
Written by David Schollaert
June 30, 2025
Nucor aims to keep plate prices flat again with the opening of its August order book.
In a letter to customers on Monday, the Charlotte, N.C.-based steelmaker said it would maintain last month’s price, effective with new orders received on Monday, June 30.
The company said pricing applied equally to carbon, normalized, and quenched-and-tempered products.
Nucor said its base price for normalized and quenched-and-tempered plate is $1,475 and $2,645 per short ton (st), respectively.
“We reserve the right to review and re-quote any offers that are not confirmed with either a Nucor sales acknowledgment or written acceptance by both parties,” the company said in the letter.
Nucor has held plate prices unchanged for the past three months after kickstarting the year with four consecutive increases from January to March, totaling $300/st, according to SMU’s mill price announcement calendar.
SMU’s plate price stands at $1,150/st on average as of June 24. Plate prices have been steadily edging higher and are now up $30/st from a recent low of $1,120/st in late May, according to SMU’s interactive pricing tool, which you can find here.
David Schollaert
Read more from David SchollaertLatest in Prices
Price gap between US HRC, most imports narrows slightly
In dollar-per-ton terms, US product is on average $141/st less than landed import prices (inclusive of the 50% tariff). That’s down from $148/st last week.
SMU price ranges: Sheet ticks higher, plate stable
Sheet steel indices increased across the board this week, while plate prices held steady. All five of SMU’s price indices are higher than they were two weeks ago, and all but one are above levels recorded four weeks ago.
Nucor lifts HR spot price by $10/ton
Nucor has raised its weekly spot list price on hot-rolled coil by $10 per short ton (st) after keeping it unchanged since Aug. 25.
Atlas Tube up $50/ton following NLMK USA sheet price hike
Atlas Tube, in a leading move, said it aims to increase prices for mechanical tubing, hollow structural sections (HSS), and piling products by at least $50 per short ton (st).
Pig iron market quiet as US mills aim to outwait Brazilian suppliers
US buyers want to drop pig iron prices to levels commensurate with the decline in prime scrap in their domestic market. Prime price shed $20 per gross ton (gt) in September and another $20/gt in October.
