Steel Prices

Nucor’s $875/ton HR spot price spills into week six

September 29, 2025

Nucor is keeping hot-rolled (HR) coil prices unchanged again this week, according to its latest consumer spot price (CSP) notice issued on Monday, Sept. 29.

The Charlotte, N.C.-based steelmaker has not adjusted its HR spot price since it increased prices by $10 per short ton (st) to $875/st on Aug. 25.

Nucor also said HR pricing at its West Coast joint venture, California Steel Industries (CSI), would remain unchanged from last week at $935/st.

The steelmaker said it would continue to offer lead times of 3-5 weeks for HR.

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

SMU’s HR price stood at an average of $785/st as of Tuesday, Sept. 23, flat vs. the prior week. The next SMU HR price update will be on Tuesday evening.

SMU pegged current HRC lead times between three and six weeks, with an average of 4.5 weeks. We’ll update lead times again on Thursday, Oct. 2.

David Schollaert

David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.