Market Segment
August 11, 2025
Written by Laura Miller
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.
Several steel trade organizations have called on President Trump to resist weakening Section 232 steel tariffs.
The US Commerce Department has raised the anti-dumping duties (AD) on imports of oil country tubular goods (OCTG) from South Korea.
ArcelorMittal told the government of Ukraine that it is unable to restart operations at its ArcelorMittal Kryvyi Rih steel plant in a “safe and sustainable manner” following Russian missile attacks.
After an annual administrative review, the Commerce Department increased the anti-dumping duties on large-diameter welded pipe from Turkey.
Global raw steel production slowed for the third month in a row in August, according to the latest figures from the World Steel Association (worldsteel).