Steel Mills

Nucor lowers HR coil spot price by $15/ton

August 11, 2025

Nucor has implemented a double-digit price decrease on spot hot-rolled (HR) coil for the second consecutive week.

The steelmaker informed customers on Monday, Aug. 11, it is lowering its weekly HR coil base consumer spot price (CSP) by $15 per short ton (st) from last week to $875/st. That’s down $35/st from a month ago when the price was $910/st.

At the same time, HR from California Steel Industries, the West Coast subsidiary of the Charlotte, N.C.-based steel giant, will also see a $15/st week-over-week price cut. The move to $935/st comes after a $10/st drop last week. CSI’s list price was also $35/st higher a month ago at $970/st.

Nucor’s letter reminded customers to contact their sales representative for the availability of their offered lead times, which range from three to five weeks.

Last week, SMU assessed HR coil spot prices ranging from $770/st to $890/st. The average of $830/st was down $10/st from the prior week and $40/st from a month earlier.

To track historical pricing moves for flat-rolled sheet and plate, SMU members should check out our steel mill price announcement calendar.

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. Since 2007, she has held various editorial and marketing positions with steel industry publications, associations, and mills. In 2021, after a five-year hiatus working across other industries, she returned to steel trade journalism, joining SMU 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. She can be reached at laura@steelmarketupdate.com or 724-759-7869.