Steel Prices

Nucor spot HR list price unchanged at $875/ton

Written by David Schollaert


Nucor kept its weekly list price for hot-rolled (HR) coil unchanged this week, following a price bump of $10 per short ton (st) last week.

The steelmaker said in a letter to customers on Tuesday that its consumer spot price (CSP) for HR coil would remain at $875/st, after attempting to halt the decline in HR coil prices the week prior.

Nucor also said pricing at its West Coast joint venture, California Steel Industries (CSI), would also remain unchanged from last week at $935/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 Aug. 26, SMU assessed spot HR coil prices at $750-860/st, averaging $805/st. We also pegged HRC lead times to be between three and six weeks, with an average of 4.4 weeks.

Watch for updated steel prices today, Tuesday, Sept. 2. Our next mill lead times assessment will be Sept. 4.

David Schollaert

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