Market Segment
December 22, 2025
Written by Kristen DiLandro
Nucor raised its weekly hot-rolled coil spot list price by $10 per short ton (st) this week, marking the company’s ninth consecutive increase.
On Monday, Dec. 22, the Charlotte, N.C.-based steelmaker announced its HR consumer spot price (CSP) is $950/st this week, up from $940/st last week. The new price reflects a $75/st gain from nine weeks earlier.
Private equity firm SCF Partners announced it has acquired American Piping Products (APP), a pipe and tube distributor headquartered in Chesterfield, Mo.
The Greenbrier Companies received orders for 3,400 new railcars with an aggregate value of ~$600 million during its fiscal fourth quarter ended Aug. 31.
Worthington Enterprises reported higher fiscal first-quarter sales and earnings while citing rapidly growing data center demand and continued tightness in the steel market.
The current plate market squeeze has been driven by improved demand and heightened import barriers, including 50% Section 232 tariffs. But the timing of fall outages—even if they were planned—is exacerbating the supply crunch.
Metalformers’ optimism softened in the Precision Metalforming Association (PMA) September Business Conditions Report.