Steel Prices

Nucor carries $875/ton HR list price into week seven

Written by David Schollaert

October 6, 2025

Nucor kept its target price for hot-rolled (HR) coil unchanged again this week.

That’s according to the company’s latest consumer spot price (CSP) notice issued on Monday, Oct. 6

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 $795/st as of Tuesday, Sept. 30, up $10/st vs. the prior week. The next SMU HR price update will be on Tuesday evening, Oct. 7.

SMU pegged the current HRC lead times between three and six weeks, with an average of 4.7 weeks as of Oct. 1, up marginally from 4.5 weeks in mid-September.

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.

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