Nucor holds HR list price at $910/ton

Nucor is keeping its list price for spot hot-rolled coil unchanged after last week’s shortened holiday week.

The steelmaker said in a letter to customers on Monday that, effective immediately, its consumer spot price (CSP) for HR coil would be $910 per short ton.

The price is flat from last week but up $40/st from the start of June.

Nucor also said pricing at its West Coast joint venture, California Steel Industries (CSI), would remain unchanged from last week at $970/st.

You can track steel mill price announcements using the calendar on our website.

Charlotte, N.C.-based Nucor also said it would continue to offer HR lead times of 3-5 weeks.

On July 1, SMU assessed spot HR coil prices at $840-920/st, averaging $880/st.

A week earlier, on June 26, we pegged HRC lead times between three and six weeks, with an average of 4.4 weeks.

Watch for updated steel prices on Tuesday and the latest mill lead times in Thursday evening’s newsletter.

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.