Market Segment
August 25, 2025
Written by Laura Miller
Nucor is attempting to halt the decline in hot-rolled (HR) coil prices, with the announcement of a $10-per-short-ton (st) increase in its weekly consumer spot price (CSP) on Monday.
The steelmaker said it is offering HR sheet with a base CSP of $875/st this week. A $10/st increase from last week, it marks the first upturn in Nucor’s HR list price since the beginning of July.
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).