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    Nucor increases HR spot price by $5/ton

    Written by David Schollaert


    Nucor increased its weekly hot-rolled coil spot list price by $5 per short ton (st) on Monday, Nov. 10. This was its third increase in as many weeks.

    The Charlotte, N.C.-based steelmaker announced its HR consumer spot price (CSP) is $895/st this week, up from $890/st last week.

    Nucor’s West Coast joint venture, California Steel Industries (CSI), however, kept its HR price unchanged week on week (w/w) at $950/st. 

    You can track mill pricing announcements on our website calendar.

    Lead times for all spot orders remain at 3-5 weeks, Nucor said.

    SMU’s HRC price averaged $825/st FOB mill, east of the Rockies, as of Tuesday, Nov. 4. That’s up $5/st w/w.

    You can find weekly price assessment information each Tuesday evening.

    David Schollaert

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