Market Segment
December 1, 2025
Written by David Schollaert
Nucor increased its weekly hot-rolled coil spot list price by $5 per short ton (st) on Monday, Dec. 1. This was its sixth increase in as many weeks, moving up $45/st over that span.
The Charlotte, N.C.-based steelmaker announced its HR consumer spot price (CSP) is $920/st this week, up from $915/st last week.
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).